$ZIL ZIL/USDT Market Update: February 2026
The ZIL/USDT pair is currently experiencing a high-octane breakout, surging over 80% in the last 24 hours to hover around $0.0072. This explosive volatility is fueled by the upcoming Cancun hard fork scheduled for February 5, which introduces EVM compatibility and enhanced scalability.
Trading Strategy & Insights $ZIL
Momentum Play: ZIL has reclaimed key moving averages, turning short-term sentiment bullish. However, with the RSI signaling overbought conditions, a "sell the news" retracement post-upgrade is a significant risk.
Key Levels: Look for support at $0.0058. A sustained break above $0.0097 could signal a structural trend reversal.
Risk Note: Despite the pump, watch for inflationary pressure from recent supply increases and reduced liquidity following last month's exchange delistings.
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