Approaching the 0.786 Fibonacci Level

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Zil has broken its upward trend in the daily chart and is now declining towards a critical support at the 0.786 Fibonacci level (approximately $0.01853). A fall below the $0.01900, as indicated on the chart, would confirm this downward price movement. The key support level to watch is at the 1.0 Fibonacci daily level.

This analysis is informational, not financial advice.

Penafian

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