$ZRO breaks through the 1.9 level. Two scenarios from here:
① It retests 1.9 and holds → the level turns into support, with the 24h high of 2.059 as the next target
② It falls back below 1.9 and fails to reclaim it → this looks more like a false breakout, so don’t get attached to the trade
I personally put more weight on the buying support at the first retest.
#ZRO
① It retests 1.9 and holds → the level turns into support, with the 24h high of 2.059 as the next target
② It falls back below 1.9 and fails to reclaim it → this looks more like a false breakout, so don’t get attached to the trade
I personally put more weight on the buying support at the first retest.
#ZRO