The chart says it all. ZIL has gone up substantially in the past 8 weeks, and now it's looking as though the market could not resist to sell off the huge profits gained.
SHORT opportunity (theoretically, as I do not know of an exchange where you can short ZIL yet). If you do know, comment below.
TP1: 1700 satoshis
TP2: 1400
TP2: 1100
However, if any, I repeat, ANY good news for Zilliqa comes out, it's very likely that another major bull run will ensure, because the community is exuberantly enthusiastic about the project. Zilliqa mainnet has not yet launched, but if and when it does, we could see $1, $2, possibly even $5 ZIL due to FOMO buyers coming in droves.
Good luck making profits!