ZILUSDT Range High| VAH| .618 Fibonacci| Trend

Evening Traders,

Today’s analysis – ZILUSDT- trading above its range high with the probability of continuing the trend,

Points to consider,.
- Price Action Corrective
- Daily S/R Resistance
- VAH Support
- .618 Fibonacci Support

ZILUSDT’s immediate price action is corrective and is trading at a key trade location – the range high support -that high technical confluence with the VAH and the .618 Fibonacci, allowing for a bullish bias.

The immediate objective is the Daily S/R Resistance, exceeding this level will lead to a trend continuation.

Overall, ZILUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.

Hope this analysis helps

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And remember,

“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you‘re wrong.” -George Soros