๐จ$ZRO plunges more than 7% ahead of the $43 million token unlock!
๐ Current price: $1.753, with strong selling pressure across multiple timeframes.
๐ On October 20, 23.63 million ZRO tokens are expected to be unlocked, which could increase market volatility.
๐ฏ Potential speculative trade โ SELL
๐ด Entry: $1.78โ$1.80 after a bounce and failed breakout.
๐ Stop-loss: $1.84
๐ฏ First target: $1.74
๐ฏ Second target: $1.65
โ ๏ธ The trend is bearish, but the RSI indicates severe oversold conditions, increasing the likelihood of a sudden bounce. Donโt enter without confirmation.
๐ Will $ZRO break below $1.737, or will it start bouncing before the unlock?
#ZRO #LayerZero
๐ Current price: $1.753, with strong selling pressure across multiple timeframes.
๐ On October 20, 23.63 million ZRO tokens are expected to be unlocked, which could increase market volatility.
๐ฏ Potential speculative trade โ SELL
๐ด Entry: $1.78โ$1.80 after a bounce and failed breakout.
๐ Stop-loss: $1.84
๐ฏ First target: $1.74
๐ฏ Second target: $1.65
โ ๏ธ The trend is bearish, but the RSI indicates severe oversold conditions, increasing the likelihood of a sudden bounce. Donโt enter without confirmation.
๐ Will $ZRO break below $1.737, or will it start bouncing before the unlock?
#ZRO #LayerZero