🪙 Analysis and Follow-up of Currency $ZIL (Zilliqa) – Buying Opportunity, Take Advantage of the Drop and Enter from the Bottom ⚡️
🔹 Current Purchase Price: 0.0049
🎯 Targets:
🎯 First Target: 0.0054
🎯 Second Target: 0.0060
🎯 Third Target: 0.0066
🛑 Stop Loss: 0.0045
📌 Let's Talk a Bit About the Currency:
Zilliqa is a well-known blockchain project with Sharding technology that focuses on transaction speed and scalability. With the recent drop, the price has reached historically significant accumulation areas, offering an excellent entry opportunity for those who like to buy at the lows.
📊 Key Technical Indicators:
• RSI Indicator is near oversold areas, which often precedes a rebound.
• MACD Indicator shows weakness in the bearish momentum and a potential positive crossover.
• Trading volume is relatively low, indicating a consolidation phase.
• Short-term trend direction is sideways with attempts to stabilize above strong support.
💡 Advice:
Entries should be gradual and not rushed, taking advantage of any slight dips to improve the average purchase price.
⚠️ Warning:
Breaking the level of 0.0045 with a clear close will negate the positive scenario, and adherence to the stop loss is essential.
