Market Overview: Zilliqa/Tether (ZILUSDT) 24-Hour Analysis

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Monday, Dec 8, 2025 2:48 pm ET2min read
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- ZILUSDT formed a bullish engulfing pattern at 0.00532 but failed to hold above 0.00546 resistance despite a 8.1M ZIL volume spike.

- RSI hit overbought levels (70) during the session high before retreating to neutral territory, signaling waning momentum.

- Bollinger Bands expanded as price tested the upper band twice at 0.00546-0.00548, highlighting key breakout/reversion potential.

- Traders should monitor 0.00534-0.00536 support zone and 20/50-period MA alignment as consolidation continues.

Summary
• ZILUSDT formed a bullish engulfing pattern near 0.00532, followed by consolidation and a failed retest.
• Price broke above the 0.00544–0.00546 resistance cluster but retracted, indicating mixed sentiment.
• Volume surged to 8.1 million

ZIL
at the 0.00546–0.00548 peak, confirming momentary strength but failed to hold.
• RSI showed overbought levels in the late session, with a pullback to neutral territory suggesting exhaustion.
• Bollinger Bands expanded as price tested the upper band twice, hinting at potential for a reversion or breakout.

Zilliqa/Tether (ZILUSDT) opened at 0.00533 on 2025-12-07 12:00 ET and closed at 0.00540 on 2025-12-08 12:00 ET, with a high of 0.00546 and low of 0.00523. Total volume reached 134,875,794.0 ZIL, with notional turnover at $654,862. Price tested key resistances twice but failed to close above them, leaving the 0.00546–0.00548 range as a critical threshold.

Structure & Key Levels


Price formed a bullish engulfing pattern near the 0.00532 support during the early session, which provided a short-lived bounce. Later, a failed retest at 0.00544 and 0.00546 signaled indecision. Fibonacci retracement levels from the 0.00523–0.00548 swing highlighted 0.00537 (38.2%) and 0.00543 (50%) as areas of potential accumulation or rejection.
A clear breakout above 0.00548 or a breakdown below 0.00531 may define near-term direction.

Momentum & Indicators


The RSI reached overbought levels (70) near the session high but fell to neutral territory as price pulled back, signaling waning buying pressure. MACD showed a bullish crossover early in the session but flattened as momentum faded. Bollinger Bands expanded with the 0.00546–0.00548 range reaching the upper band twice, suggesting potential for a reversion or breakout. Price action appears to be consolidating ahead of a key decision point.

Volume & Turnover


The highest volume spike occurred at 0.00546–0.00548, with over 8.1 million ZIL traded as price tested resistance for the second time. Turnover increased correspondingly, reaching a peak of $44,500 during the late session. However, the failure to hold above 0.00546 suggests that bullish conviction may not be strong enough to drive a sustained move higher. Divergence between volume and price could indicate a potential reversal.

Volatility and Outlook


Volatility was elevated during the breakout attempts, particularly in the late hours of the session. A retest of the 0.00544–0.00546 range appears likely, with a bearish bias unless volume confirms a new leg higher. Traders should monitor the 20- and 50-period moving averages on the 5-minute chart, which currently show a bullish cross but may realign as consolidation continues. A close below 0.00534 could trigger further retesting of the 0.00523 level.

ZILUSDT appears poised at a potential turning point as it consolidates above key support. While a breakout remains a possibility, a pullback to the 0.00534–0.00536 range may provide a better entry point. Investors should remain cautious of potential liquidity dry patches and keep a close eye on volume during the next 24 hours.