#ZRO UPdate🟢️️🟢️️🟢️️
The base-case scenario played out cleanly
Break above 1.80 $ for consolidation and growth to the 2.20 $ –2.45 $ range.
Correction to 1.50 $ and strong buying on the spot market
This strengthens the 1.45 $ –1.60 $ support range
The price is holding on expectations for Zero/ATLAS. For the burn (75% of net ATLAS fees after venue rebates of 20–65%) to cover at least the monthly unlock, the net fee pool needs to be ≈53M$ per month.
At launch, this is unrealistic; the burn will be symbolic for the first few weeks.
Hence the high probability of a “sell the news” scenario after 30.11.
The base-case scenario played out cleanly
Break above 1.80 $ for consolidation and growth to the 2.20 $ –2.45 $ range.
Correction to 1.50 $ and strong buying on the spot market
This strengthens the 1.45 $ –1.60 $ support range
The price is holding on expectations for Zero/ATLAS. For the burn (75% of net ATLAS fees after venue rebates of 20–65%) to cover at least the monthly unlock, the net fee pool needs to be ≈53M$ per month.
At launch, this is unrealistic; the burn will be symbolic for the first few weeks.
Hence the high probability of a “sell the news” scenario after 30.11.
