Chart Analysis: ZILUSDT 1W


1. Target and Prices:


• Current price: It is hovering around 0.03775 USDT.


• Fibonacci levels indicate that the price may reach 0.10, 0.13 and 0.25 levels as targets.


• The main target is stated at 0.25 levels and this level corresponds to an increase of approximately 203.75%.


2. Support and Resistance Levels:


• Support:


• 0.03 (major support level).


• 0.02 (long-term major support).


• Resistance:


• 0.05 (primary resistance level).


• 0.10 and 0.25 regions are defined as major resistance.


3. Indicators:


• A trend breakout appears to have occurred. This may be the beginning of a medium-long term uptrend.


• Volume analysis is important to examine whether the rise is supported or not. If there is an increase in volume, the rise can be confirmed.


• Momentum indicators such as RSI and MACD should be monitored carefully. The RSI's transition to the overbought region is a situation that should be noted.


4. Formations and Formation Reversals:


• A clear downtrend breakout has occurred on the chart. This signals the beginning of an uptrend.


• Based on Fibonacci levels, it is predicted that the price may rise to higher levels.


5. Trend Direction:


• It has the potential to break out of the long-term downtrend and enter an uptrend.


• If the horizontal resistance zone of 0.05 is exceeded, momentum may increase.


6. Strategic:


• Short Term Strategy: Follow the breakout of the 0.05 level. Positions can be opened above this level and targets can be between 0.10 and 0.13.


• Medium Term Strategy: The 0.03 level can be used as support. If the price maintains this level, the position can be increased.


• Long Term Strategy: A gradual target can be set until it reaches the 0.25 level.



Recommendations and Risk Management:


• 0.03 can be determined as the stop-loss level.


• Risk management should be ensured by making gradual purchases.


• Volume movements and indicator signals should be followed.


• In order to manage investor psychology, targets should be divided into sections (for example, 50% profit can be taken at the 0.10 level).



As a result, it seems that there has been a positive breakout in the ZIL price. However, risk management is vital in such projects. It is recommended to trade considering market dynamics.