$ZIL Explosive bullish reversal after extended downtrend
Buyers in full control with massive volume expansion
Key Zones:
Support Zone: 0.00540 – 0.00580
Resistance Zone: 0.00715 – 0.00830
Trade Setup (Long – Swing / Continuation):
Entry Zone: 0.00580 – 0.00620 (pullback preferred)
Take Profit Targets:
TP1: 0.00715
TP2: 0.00770
TP3: 0.00830
Stop Loss: Below 0.00520
Price Action Insight:
ZIL has printed an exceptionally strong impulsive daily candle, breaking above multiple key moving averages with record volume. The daily structure has flipped bullish with higher highs and higher lows. RSI(6) near 79 signals overbought conditions, so short-term consolidation or a controlled pullback is likely before continuation. As long as price holds above the 0.00540–0.00580 support zone, the broader bullish structure remains intact and favors continuation toward the upper resistance range.
