Short-selling setup ... rejected at resistance
Entry: 1.88–1.90
First target: 1.85
Second target: 1.83
Final target: 1.80
Stop loss: 1.95
ZRO made a strong recovery from 1.6786, but is now facing resistance near 1.90–1.92.
Buyers are losing some momentum near the high. If the rejection continues, a correction toward 1.85–1.80 is likely.
A clear breakout above 1.92 could weaken this short-selling setup.
Use a stop loss while trading.
Trade on $ZRO $ZRO
Entry: 1.88–1.90
First target: 1.85
Second target: 1.83
Final target: 1.80
Stop loss: 1.95
ZRO made a strong recovery from 1.6786, but is now facing resistance near 1.90–1.92.
Buyers are losing some momentum near the high. If the rejection continues, a correction toward 1.85–1.80 is likely.
A clear breakout above 1.92 could weaken this short-selling setup.
Use a stop loss while trading.
Trade on $ZRO $ZRO
