January 23, 2026

ZIL Update: Long or Short when BTC is looking bad?

ZIL Update: Long or Short when BTC is looking bad?

ZIL Update: Long or Short when BTC is looking bad?

ZIL Update: Long or Short when BTC is looking bad?

Zilliqa / TetherUS BINANCE:ZILUSDT
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ZIL Update: Long or Short when BTC is looking bad?

The box indicates the demand zone which is showing much strength whenever ZIL takes a hit. Buyers are happy to buy in this region and are always selling at key resistances.

We have been making lower lows during the retracement after the 500% uptrend (highlighted and circled in blue). We recently made a higher low (circled in red), and I think there is no need for ZIL to test critical support levels for buyers to show up.

Why did the 0.12 level does not hold up during BTC retracement? My best guess is that most buyers long at the critical support level which is 0.10 previously and are selling between 0.12-0.13. If we are able to hold the higher low support this time, buyers will have no choice but to buy higher, thus pushing prices up and potentially making a higher high when testing the next resistance level .

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