$ZIL 1H ๐
ZIL is holding a clean bullish structure after steadily building higher highs and higher lows.
The price is currently around $0.002901, with the Supertrend still bullish at $0.002846. The recent rejection from $0.002964 looks more like a pullback than a trend breakdown for now.
Preferred Setup: LONG
Entry: $0.002875โ$0.002895
SL: $0.002835
TP1: $0.002965
TP2: $0.003020
TP3: $0.003080
Key levels
โข $0.002846 โ Supertrend support
โข $0.002964 โ immediate breakout level
โข $0.003020 โ next upside area
โข $0.003080 โ extended target
The order book also shows stronger bid-side positioning, which supports the bullish setup, but Iโd still prefer a retest and hold around the entry zone rather than chasing the current candle.
Invalidation: 1H close below $0.002835.
Overall, ZIL looks constructive here. A clean reclaim of $0.002964 would make the continuation setup much stronger.
#Write2Earn
ZIL is holding a clean bullish structure after steadily building higher highs and higher lows.
The price is currently around $0.002901, with the Supertrend still bullish at $0.002846. The recent rejection from $0.002964 looks more like a pullback than a trend breakdown for now.
Preferred Setup: LONG
Entry: $0.002875โ$0.002895
SL: $0.002835
TP1: $0.002965
TP2: $0.003020
TP3: $0.003080
Key levels
โข $0.002846 โ Supertrend support
โข $0.002964 โ immediate breakout level
โข $0.003020 โ next upside area
โข $0.003080 โ extended target
The order book also shows stronger bid-side positioning, which supports the bullish setup, but Iโd still prefer a retest and hold around the entry zone rather than chasing the current candle.
Invalidation: 1H close below $0.002835.
Overall, ZIL looks constructive here. A clean reclaim of $0.002964 would make the continuation setup much stronger.
#Write2Earn
