BinanceMaster ® ( Futures/Spot )
Analysis of #ZIL : #ZIL gave a breakout and fell strongly after the consolidation range. The nearby resistance is around $0.0201 - $0.0204 and the major support is around $0.0138 - $0.0148. Price is expected to reach that support, till then wait for a pull…
Overall market is on a short-term pullback mode. #ZIL is also on its way too and might test the resistance zone of $0.0170 - $0.0173. You can look for confirmation in/ nearby that area of entries.
#ZIL given a close below Candle on the 4H TF and on daily TF, it looks a heavy rejection from the resistance. Expecting a deeper pullback now, back till support zone around $0.02013 - $0.02049. Keep and eye on it and risk accordingly.
#ZIL did a break-below of the triangle pattern and retested the zone as resistance. Price rejected from there and expected to reach out the supporting uptrend line. Potential buys would be risky so better wait for the price to reject the level.