Approaching the 0.786 Fibonacci Level

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.