$ZRO /USDT (4H) - Short Setup After Strong Rejection
ZRO had a strong impulsive rally from 0.75 up to 1.344, but got rejected hard at the highs. Price is now pulling back and showing signs of weakness.
* Key Observations:
Strong rejection at 1.344 with heavy selling pressureLarge volume spike near the top → possible distributionCurrently trading below the recent structure and struggling to reclaim higher levelsMA25 acting as dynamic resistance on any bounce
* Short Bias Setup:
- Entry Zone: 1.22 – 1.26 (relief bounce area)
- Stop Loss: 1.33 – 1.35 (above the high)
- Take Profit 1: 1.10
- Take Profit 2: 0.95 – 1.00
- Take Profit 3: 0.82 – 0.85
* Risk/Reward: Very favorable if entered in the 1.23–1.25 range.
* Note: This is a short-term setup. Wait for price to reach the entry zone instead of chasing. A break below 1.145 would further confirm bearish momentum.
NFA, DYOR.
$ZRO #ZROUSDT #CryptoTrading #TechnicalAnalysis
ZRO had a strong impulsive rally from 0.75 up to 1.344, but got rejected hard at the highs. Price is now pulling back and showing signs of weakness.
* Key Observations:
Strong rejection at 1.344 with heavy selling pressureLarge volume spike near the top → possible distributionCurrently trading below the recent structure and struggling to reclaim higher levelsMA25 acting as dynamic resistance on any bounce
* Short Bias Setup:
- Entry Zone: 1.22 – 1.26 (relief bounce area)
- Stop Loss: 1.33 – 1.35 (above the high)
- Take Profit 1: 1.10
- Take Profit 2: 0.95 – 1.00
- Take Profit 3: 0.82 – 0.85
* Risk/Reward: Very favorable if entered in the 1.23–1.25 range.
* Note: This is a short-term setup. Wait for price to reach the entry zone instead of chasing. A break below 1.145 would further confirm bearish momentum.
NFA, DYOR.
$ZRO #ZROUSDT #CryptoTrading #TechnicalAnalysis
