🚀ZIL is showing a bullish idea with a W pattern

BINANCE:ZILUSDT   Zilliqa / TetherUS
💎 Paradiser, #ZIL is currently displaying a bullish market structure, characterized by the formation of a W pattern and the presence of Change of Character (CHoCH) and Break Of Structure (BOS).

💎Furthermore, #ZILUSDT has successfully broken above the 200 EMA, indicating potential bullish momentum. However, it's crucial to await confirmation before making any trading decisions.

💎If the price manages to break above the resistant level, it may signal further upward movement, targeting the next resistance levels.

💎In the event of a pullback, we could anticipate a bounce from our key level. However, it's advisable to set smaller targets in such scenarios.

💎Nevertheless, If the price break down below all key levels, it may be considered bearish. However, it's recommended to wait for clearer market signals before taking any action.

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