【ZRO｜Technical Analysis: CoinGecko Hot Search No.12; Community Search Heat Surges】
Current price: $1.57. Looking bearish immediately on the 4h: MA7 $1.57 / MA25 $1.60.
Resistance: R1 $1.74, R2 $1.85; Support: S1 $1.42, S2 $1.06.
This area is very crowded. R1 $1.74 above is the home of the bears, while S1 $1.42 below is the bulls’ domain. Go short directly: MA7 is below MA25 (MA7 $1.57 / MA25 $1.60). The moving averages aren’t lying.
4h ATR is $0.1054, with swings of about 6.7% up/down—normal chop can easily sweep orders. If it holds above R1, target R2 $1.85; if it breaks below S1, look for S2 $1.06. Until there’s a confirmed closing candle, do nothing.
In this zone, do you dare to go long? Or wait for a pullback like me?
$ZRO #ZRO #cryptocurrency
Current price: $1.57. Looking bearish immediately on the 4h: MA7 $1.57 / MA25 $1.60.
Resistance: R1 $1.74, R2 $1.85; Support: S1 $1.42, S2 $1.06.
This area is very crowded. R1 $1.74 above is the home of the bears, while S1 $1.42 below is the bulls’ domain. Go short directly: MA7 is below MA25 (MA7 $1.57 / MA25 $1.60). The moving averages aren’t lying.
4h ATR is $0.1054, with swings of about 6.7% up/down—normal chop can easily sweep orders. If it holds above R1, target R2 $1.85; if it breaks below S1, look for S2 $1.06. Until there’s a confirmed closing candle, do nothing.
In this zone, do you dare to go long? Or wait for a pullback like me?
$ZRO #ZRO #cryptocurrency