$ZEREBRO just gained nearly 50%, but the interesting part is what happened AFTER the pump.
Price ran from around $0.0265 to $0.04995, then sellers pushed it sharply lower. Buyers stepped in around the $0.036–$0.037 area, and the market recovered toward $0.0413.
That recovery matters, but I'm not treating it as a confirmed reversal yet.
On the 1H chart, price is still below the 7-period moving average near $0.0432, while the MACD has turned slightly negative. Meanwhile, the short-term open-interest data shows positions coming down from earlier highs.
My plan is simple: no chasing.
If ZEREBRO reclaims $0.0432–$0.0440 and holds the retest, I'll watch for a move toward $0.0474 and potentially the previous high near $0.04995.
If $0.0400 breaks on a convincing 1H close and the reclaim fails, the $0.0370–$0.0364 zone comes back into focus.
Until one of those conditions confirms, I'm staying patient.
After a move this aggressive, the next clean setup matters more than the green percentage on the screen.
Price ran from around $0.0265 to $0.04995, then sellers pushed it sharply lower. Buyers stepped in around the $0.036–$0.037 area, and the market recovered toward $0.0413.
That recovery matters, but I'm not treating it as a confirmed reversal yet.
On the 1H chart, price is still below the 7-period moving average near $0.0432, while the MACD has turned slightly negative. Meanwhile, the short-term open-interest data shows positions coming down from earlier highs.
My plan is simple: no chasing.
If ZEREBRO reclaims $0.0432–$0.0440 and holds the retest, I'll watch for a move toward $0.0474 and potentially the previous high near $0.04995.
If $0.0400 breaks on a convincing 1H close and the reclaim fails, the $0.0370–$0.0364 zone comes back into focus.
Until one of those conditions confirms, I'm staying patient.
After a move this aggressive, the next clean setup matters more than the green percentage on the screen.