Bulls Load Up on ZIG as Chart Signals a Possible Trend Reversal  — $0.13 in Sight?

ZIG maintains support at $0.09 with a rounding bottom shaping on the 4H chart.

Price targets $0.103, $0.110, and $0.120 before retesting July’s $0.138 high.

Volume stabilizes near 140M after July’s breakout-driven surges.

ZIG is clinging to its $0.09 stronghold, with price action tightening into a classic breakout setup. Traders are now eyeing $0.103 as the trigger that could reignite July’s explosive rally toward $0.138.

Key Support Holds as Recovery Pattern Emerges

According to market updates from BullifyX on X, ZIG has been trading between $0.08 and $0.14 since early July. A prolonged base has formed above $0.09 after the sharp late-July retracement from $0.138.

On the MEXC 4-hour chart, multiple retests of this support zone have been met with strong buying pressure. The current structure shows a rounding bottom formation, signaling accumulation after a period of lower highs and lower lows.

Immediate resistance sits at $0.103, which has rejected several recent rally attempts. A clean break above this point could open the path toward $0.110, $0.120, and $0.135 — levels that acted as barriers during July’s climb.

Tait, another Crypto enthusiast on X noted that a sustained move above the yearly open at $0.1133 would strengthen the bullish case, with July’s $0.1372 high as the next major hurdle. Beyond that, the December all-time highs between $0.1799 and $0.1945 remain the final targets before psychological territory near $0.25.He ev

Tight Range Could Precede Breakout

Price has traded in a narrow $0.095–$0.102 band for the past week, with buyers defending dips into the $0.09 zone. The rounding bottom structure and stabilized volume point to a market in preparation.

Source: CryptoRank

On the 4-hour Bybit chart, MACD lines are converging near the zero mark, indicating low momentum, while RSI holds at 49.56 — a neutral reading that leaves room for movement in either direction.

If bulls clear $0.103, momentum could quickly return, setting the stage for a retest of July’s $0.138 high. Maintaining the $0.09 floor remains important if the current bullish structure is to stay intact.

Volume Action and Momentum Signals

Data between July 14 and August 13 shows volume peaking above 190M during the mid-July breakout before falling sharply below 150M by month-end. Since August 8, volume has leveled between 135M–140M, reflecting a steady participation rate.

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