Will have a tight stop loss here, I think ZIL is in for a big fall if we fail to hold 897. 940 is stubborn support/resistance
, and is where the last run began. 897 is old school support. 981 is .718 of the big may run. Those levels will need attention to make the right decision whether to bail or not. There's a big whale that shows up occasionally and until he's finished accumulating, ZIL isn't going anywhere. He'll likely appear at one of these levels to reinforce the resistance.
Target Buy: 897-903.
Targets: 940 - 979 - 1039 - 1254. Will examine indicators before selling at any level, because if ZIL breaks the long term downtrend, then it's in for a good run.
Stop: If 887 then sell 100% at 882. I don't think it will dip below 890, but if it does, I'll market sell and look for a lower entry, with the absolute fomo bottom being around 830.
Like most other alts, the dip below 897 was due to btc
0.15% 0.01% dominance FOMO.