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$ZIL 4h Update
- Based on current order flow and the bearish bias across most indicators, I expect the price to FALL further in the short term, with 0.00412 and then 0.00401–0.00397 as key downside targets.
- The best trade setup is to look for a short entry if the price retests the 0.00443–0.00447 resistance zone and shows bearish confirmation—such as a big rejection or a bearish 4H/1H candlestick pattern. Wait for evidence the market can’t reclaim that supply.
- For aggressive buyers, watch for manipulation below 0.00397. If the price quickly sweeps this level and a strong bullish reversal shows up on the 15min or 1H chart (like a pin bar or engulfing), a bounce could target 0.00412 and then 0.00443.
- My bias would turn bullish if the price breaks and holds above 0.00447 on a strong 4H close, especially if accompanied by strong volume and bullish structure on lower timeframes.
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