#BinanceAlphaAlert $ZIL

/USDT Technical Analysis and Price Targets on Binance 📊

Current Price: $0.02142 (+3.63%)

Key Levels and Moving Averages:

24h High: $0.02175

24h Low: $0.01987

MA(7): 0.02145

MA(25): 0.02115

MA(99): 0.02099

Technical Analysis:

ZIL/USDT has shown a bullish momentum, with a recent 24-hour high at $0.02175. The price is currently testing key support at the MA(7) level around $0.02145. Buyers seem to be gaining strength as the moving averages continue to trend upward.

Price Targets:

1. Target 1: $0.02200

This level represents a psychological resistance zone. A break above this could trigger further bullish momentum towards the next targets.

2. Target 2: $0.02300

If the market sustains above $0.02200, ZIL could aim for $0.02300, which marks a key Fibonacci retracement level and resistance from previous price movements.

3. Target 3: $0.02400

Reaching $0.02400 would signify a strong bullish continuation, breaking past the resistance seen in late December. It would also align with higher time frame momentum indicators.

Conclusion:

ZIL/USDT is showing strong potential for upward movement, with key support and resistance levels forming. Investors should keep an eye on $0.02175 and $0.02200 as immediate targets. Bulls remain in control as long as the price holds above MA(25) support.

Happy Trading! 🚀