【Veteran Trader Watch】 $ZRO
ZRO’s rebound is starting to run into resistance.
It was still at $2.19 on October 7, then steadily declined to around $1.96, while trading volume hasn’t cooled off noticeably. The key now isn’t to guess the bottom, but to see whether $1.90–$1.96 can hold. A move back above $2.05 would be the first sign of strengthening.
There are also two dates to keep in mind: approximately 5.92% of the tokens are expected to unlock on October 20, and December 15 is the deadline for exchanging STG for ZRO. There may be short-term trading opportunities, but be wary of selling pressure on any rebound ahead of the unlock.
Entry: $1.90–$1.96 (consider entering only after a successful retest and hold)
Take profit: $2.05 / $2.14 / $2.25 / $2.38 / $2.55
Stop loss: $1.82
ZRO’s rebound is starting to run into resistance.
It was still at $2.19 on October 7, then steadily declined to around $1.96, while trading volume hasn’t cooled off noticeably. The key now isn’t to guess the bottom, but to see whether $1.90–$1.96 can hold. A move back above $2.05 would be the first sign of strengthening.
There are also two dates to keep in mind: approximately 5.92% of the tokens are expected to unlock on October 20, and December 15 is the deadline for exchanging STG for ZRO. There may be short-term trading opportunities, but be wary of selling pressure on any rebound ahead of the unlock.
Entry: $1.90–$1.96 (consider entering only after a successful retest and hold)
Take profit: $2.05 / $2.14 / $2.25 / $2.38 / $2.55
Stop loss: $1.82