Is Zilliqa ready for Reversal? 0.11-0.12 is the strong support

In Few Weeks ZIL moved 5X and made high of 0.23. Now its in retracement mode trading at 0.1274. The area around 0.11-0.118 will act as a strong support zone

There are two possibilities



1. 0.11-0.12 zone will be the strong support area for #ZIL and high probability that it will reverse from that zone

2. If it shows reversal before 0.12 and sustains above 0.14 for 30 minutes, there will be good upside