$ZIL /USDT Momentum Alert 🚀
$ZIL has delivered a strong bullish breakout, gaining over +20% in a short time with a clear volume expansion.
Price has reclaimed EMA 7, EMA 50, and EMA 100 on the 1H chart, confirming a short-term trend reversal after a long consolidation.
The move originated from the 0.0039 demand zone, showing strong buyer interest and momentum-driven participation.
The recent high near 0.00595 is now a key resistance. If ZIL holds above the 0.0048–0.0050 support zone, continuation toward 0.0062–0.0068 remains possible.
However, after such a sharp pump, pullbacks and profit-taking are normal, so traders should watch EMA support around 0.0044–0.0046 for structure validation.
Zilliqa is a Layer-1 blockchain built on sharding technology, offering high scalability and low fees. ZIL often reacts aggressively during momentum phases due to strong retail activity and market sentiment shifts.
Bias: Short-term bullish 📈
Risk: High volatility ⚠️
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👉 Always manage risk. Not financial advice.
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