#CryptoTrading. #technicalanalyst #Signal๐ฅ. ๐ Technical analysis
$ZIL /USDT โ 15min/1h timeframe
Current price โ 0.005539 USDT
+31.46% explosive pump from ~0.0039 lows, massive breakout, now pulling back after hitting ~0.005557 high.
Price action & Bollinger Bands:
Price near upper BB (UP ~0.005543, MB ~0.004443 support, DN ~0.003344). Bands strongly expanded on volatility spike, price hugging upper band with red candles โ classic severe overextension after parabolic move, short-term pullback/consolidation very likely.
Volumes:
Current ~3.47B, MA(5) ~4.04B, MA(10) ~2.61B โ enormous volume surge on pump candles, still very high; watch for fade on red.
Key indicators:
โข MACD: Positive, flat (DIF 0.000030, DEA 0.000017, MACD 0.000013), histogram near zero โ momentum stalling.
โข RSI(6/12/24): 89.55 / 84.48 / 77.09 โ deeply overbought, severe exhaustion signals.
Extreme pump with insane volume/momentum, but RSI >89 + upper BB hug + flat MACD point to sharp short-term correction.
๐ข Long (very high risk)
Entry: 0.0053โ0.0055 (dip to current)
TP1: 0.0057โ0.0059
TP2: 0.0062+
SL: 0.0051โ0.0052
R/R: ~1:3+
Comment: Only if holds momentum + volume bounce. Extremely risky at peaks.
๐ด Short (moderate-high risk)
Entry: 0.0056โ0.0057 (fade upper BB)
TP1: 0.0053โ0.0052
TP2: 0.0049โ0.0048
SL: 0.0059+
R/R: ~1:3+
Comment: Preferred on rejection + RSI drop + volume fade. Fits exhaustion perfectly.
โ ๏ธ Most likely scenario now
Sharp short-term pullback/consolidation to MB (~0.00444) or at least 0.0048โ0.0050 due to extreme overbought RSI + overextension. Continuation higher only with fresh insane volume surge, but correction has much higher probability now. Shorts have clear edge on exhaustion; longs very risky until reset. Extreme vol โ tight risk mandatory, monitor RSI/volume closely.