ZILIDR Breaks Out — But RSI Signals Short-Term Profit-Taking

Summary
• ZILIDR formed a bullish reversal pattern near 71.2, followed by a strong rally into the upper Bollinger Band.
• Volume spiked 150x at 03:30 ET, confirming a key breakout level and high notional turnover.
• RSI surged into overbought territory, suggesting short-term profit-taking could emerge in next 24 hours.
• 50-period moving average was retested and held as support, signaling a potential base-building phase.
• Fibonacci retracement levels at 78.0 and 82.0 align with recent highs, hinting at near-term targets if momentum persists.

24-Hour Performance

Zilliqa/Rupiah (ZILIDR) opened at 71.9 on 2026-02-07 at 12:00 ET, reaching a high of 91.0 and a low of 69.0 before closing at 80.1 as of 12:00 ET on 2026-02-08. The 24-hour volume totaled 7,773,549.0 with a notional turnover of approximately 585,988,128.20 Rupiah.

Price Structure and Momentum

The pair formed a strong bullish reversal pattern at 71.2, followed by a rapid breakout above the 50-period moving average and into the upper Bollinger Band. A volume spike of 291,950 at 03:30 ET confirmed the move higher. RSI pushed into overbought territory, signaling potential near-term profit-taking.

Volatility and Retracements

Volatility expanded significantly during the 07:30–09:45 ET window, with a 13.6% intraday range. The move from 69.0 to 91.0 aligns with key Fibonacci levels, with 78.0 and 82.0 projected as potential retest areas.

Forward Outlook and Risk

Momentum appears to be building, particularly as 80.1 holds as a short-term floor. A retest of the 20-period moving average may offer another opportunity to validate trend strength. Investors should watch for a pullback below 75.5, which could trigger near-term caution.