The weird part of $ZIL’s 30% dump is what’s missing: real capitulation volume.
Price is $0.002347, down 30.27% in 24h, but volume is only $7.19M and just 1.3x the 20d average. 4h RSI is 18. Oversold hard.
Shorts are paying 0.037% funding while ZIL sits 50% below its 30d high. $BTC weakness matters, but this is looking more like a crowded flush than clean panic. 👀
At $0.0023, I’d want to see a reclaim before touching it. No hero entries.
Would you enter here or wait for a retest?
#ZIL #Crypto
Price is $0.002347, down 30.27% in 24h, but volume is only $7.19M and just 1.3x the 20d average. 4h RSI is 18. Oversold hard.
Shorts are paying 0.037% funding while ZIL sits 50% below its 30d high. $BTC weakness matters, but this is looking more like a crowded flush than clean panic. 👀
At $0.0023, I’d want to see a reclaim before touching it. No hero entries.
Would you enter here or wait for a retest?
#ZIL #Crypto