Zilliqa / TetherUS
Long
Updated

Zilusdt trading idea

1 551
ZILUSDT is currently in a downtrend, approaching a key support/demand zone, which has previously shown strong buying interest.

This area is expected to be challenging for bears to break, making accumulation within this zone a strategic move, with a target toward the dynamic resistance trendline indicated on the chart. However, if the immediate buy-back zone fails, a deeper dip toward the external demand zone is possible.

Patience is crucial to identify favorable price action before entering positions.

We welcome your thoughts on ZIL.
Trade active
Focus more on the provided accumulation zone for buying opportunity.

snapshot
Note
Price holding very firm above critical support level, we should see next move testing out the immediate resistance level as shown on the chart below.

snapshot

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