$ZIL label (click to trade) pulled back again today, falling by more than 12% and hitting a low near 0.0023 yuan. Short-term panic is clearly evident, but viewed in the broader timeframe, the price is still in a corrective phase within an uptrend. Looking at the moving averages, the 20-day moving average is currently providing key support. If it holds, the price may go on to retest its recent high.

A reminder to everyone: short-term fluctuations can easily be corrected by moving averages, so don't blindly try to catch the bottom. We recommend patiently waiting for a breakout signal and strictly following your trading strategy. Can $ZIL hold this key support level and trigger a market recovery? #技術分析 #Binance