$ZIL : Short Liquidation Sparks Bullish Opportunity!

📊 $9.1711K in shorts liquidated at $0.02474, signaling a potential bullish move in Zilliqa (ZIL). This could be the start of a recovery rally. Let’s outline the plan for the next trade.

Key Levels to Watch

Support Zone: $0.02450 - $0.02500 (critical demand area).

Resistance Zone: $0.02600 - $0.02650 (breakout level).

Potential Targets After Breakout:

1. $0.02800 (short-term).

2. $0.03000 (medium-term).

3. $0.03500 (long-term).

Trading Plan for $ZIL

Buy Zone

Dip Entry: $0.02450 - $0.02500 (if price retests support).

Breakout Entry: Add positions above $0.02600 with strong confirmation.

Targets

1. Target 1: $0.02800

2. Target 2: $0.03000

3. Target 3: $0.03500

Stop Loss

Stop Loss Level: $0.02400 (below support to manage risk).

What’s Next?

1. Bullish Scenario:

If ZIL holds above $0.02500 and breaks $0.02600, expect a rally toward $0.02800 and beyond.

2. Bearish Scenario:

A drop below $0.02400 could lead to further downside—avoid buying in this case.

💡 Tips:

Monitor Volume: Ensure there’s strong buying pressure during a breakout above $0.02600.

Risk Management: Keep your stop loss tight to protect your investment.

$ZIL shows strong potential—Get ready for the next big move! 🎯

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