Trade Update: $ZIL Short TP1 & TP2 Hit ✅ ✅
Excellent execution. The first two targets have been secured as the anticipated rejection after the parabolic spike plays out.
Trade Recap:
Entry Zones: 0.00455 – 0.00485
DCA Zone: 0.00510 – 0.00530
Stop Loss: 0.00555
Targets:
TP1: 0.00435 ✅
TP2: 0.00415 ✅
TP3: 0.00380
Current Status: The price is at $0.00415, down -6.53%, confirming the distribution phase and bearish momentum your setup identified.
Market Context: This move aligns with a broader technical weakness. Current technical analysis rates ZIL as a "Sell" today, with moving averages also indicating a strong sell signal. The price has declined from highs near $0.0056 in early February, validating the "sell the news" reaction to recent network upgrades.$ZIL
The plan is in motion. Eyes on the final target, TP3 at $0.00380.
$ZIL
