$ZIL Signal: Longs squeeze shorts logic


$ZIL Funding rate -2%. Shorts crowding in, but the price holds firm and doesn’t fall. 1H MACD divergence; buy pressure keeps pushing the price up. Sell orders in the depth look relatively thick, but the price hasn’t broken down—shorts are getting forced.

🎯 Direction: Long

⚡ Entry/Orders to place: 0.00298402 - 0.00299300

🛑 Stop loss: 0.00296307

🚀 Target 1: 0.00303790

🚀 Target 2: 0.00306034

🛡️ Trade management:
- Execution strategy: After reaching target 1, reduce position size by 50%, and move the stop loss up to breakeven. If the price falls back to the entry level, automatically exit to protect principal.

Current RSI on both 1H/4H has already entered the overbought zone, but in a short-squeeze market, things often don’t follow the usual rules. The risk-reward ratio is still acceptable.

View live market 👇 $ZIL
---
Follow me: Get more real-time crypto market analysis and insights!
#USD1持币生息最高8% #GateCard消费返现最高8% #长鑫开盘跌7.7% $BTC $ETH $SOL
ZIL24.56%
USD10.00%
BTC0.32%
ETH1.70%
SOL-0.40%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned