ZIL/USDT If Break this resistance, the price back to upward!💎 ZIL has recently encountered significant market dynamics. Presently, ZIL is confronting a resistance area after experiencing a noteworthy bounce from the demand zone.
💎 If ZIL manages to break above the resistance area and reclaim its price above this level, there's a probability that the price will resume its upward movement and eventually reach our target area, which is the bearish OB area.
💎 However, if ZIL faces rejection at the resistance zone, there's a potential for the price to retreat downward, targeting the demand zone to generate new upward momentum.
💎 The demand area appears to be robust enough to support further downward movement for ZIL. Therefore, the price must bounce upon reaching this area.
💎 Failure to bounce, resulting in a breakdown below the demand zone, could indicate bearish sentiment, potentially leading to further downward movement towards the strong support area.
