$ZRO #ZRO 🚀
Direction: LONG
Entry zone: 1.6367 to 1.6433
Stop loss: 1.6154
Target 1: 1.6728
Target 2: 1.6974
LayerZero is trading near 1.64 dollars, up 2.22 percent in 24 hours, inside a range of 1.59 to 1.69 dollars, and the recent closes show buyers defending the 1.64 level, 1.64, then 1.64, then 1.63, then 1.63, then 1.64. 🟢 My reading is that ZRO is showing relative strength in a red market, because it is green with 40.1 million dollars of volume while Bitcoin is flat and most large coins are down, and coins that hold their level during a fear flush often move fast when the market turns. A long from the current zone, with a stop below 1.6154, targets 1.6728 first and then 1.6974 if buyers push through. A drop below 1.6154 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does LayerZero push to 1.6728 first, or fall below 1.6154? 🤔
Follow for more trades.
#LayerZero #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 1.6367 to 1.6433
Stop loss: 1.6154
Target 1: 1.6728
Target 2: 1.6974
LayerZero is trading near 1.64 dollars, up 2.22 percent in 24 hours, inside a range of 1.59 to 1.69 dollars, and the recent closes show buyers defending the 1.64 level, 1.64, then 1.64, then 1.63, then 1.63, then 1.64. 🟢 My reading is that ZRO is showing relative strength in a red market, because it is green with 40.1 million dollars of volume while Bitcoin is flat and most large coins are down, and coins that hold their level during a fear flush often move fast when the market turns. A long from the current zone, with a stop below 1.6154, targets 1.6728 first and then 1.6974 if buyers push through. A drop below 1.6154 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does LayerZero push to 1.6728 first, or fall below 1.6154? 🤔
Follow for more trades.
#LayerZero #Crypto #FuturesTrading #TradingSignals
