#ZIL Gears Up for a Bullish Breakout: Key Levels to Watch!

The digital currency ZIL is poised to initiate an upward trend soon. Based on the weekly chart, the price is expected to first reach the range of $0.035 to $0.044 and test its long-term descending trendline. Typically, I do not anticipate a breakout of the trendline on the first attempt; therefore, after ascending to the aforementioned levels, a price correction toward the $0.025 area is likely. Following the necessary consolidation period, sharp bullish movements can be anticipated.

This is merely a personal perspective and should not be construed as a recommendation for trading positions.

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