$ZS is waking up after a sharp flush. But is this bounce the start of a real reversal? #TradeFinder
After weeks of heavy selling from the 268 peak, ZS found buyers at $184.79 and has climbed back to around $194, up about 1% on the day. The lower timeframes are holding above their short-term averages, but the bigger picture is still under pressure, with price sitting below key moving averages that are all stacked overhead around $196. That's the ceiling buyers need to clear.
Key levels on my 👀:
Support: $193 to $192
Major support: $184.79
Resistance: $195.58 to $196.50
Next target zone: $198 to $203
A clean break above $196.50 could give the recovery more room to run toward $198 and beyond. If the price slips below $192, this bounce may need a reset, and a loss of $184.79 would put the downtrend back in control.
Credit to buyers for defending the lows. Now the real test is whether ZS can reclaim that $196 zone with conviction instead of fading back into the range.
#CoinVahini #ZS #Zscaler #StockMarket
After weeks of heavy selling from the 268 peak, ZS found buyers at $184.79 and has climbed back to around $194, up about 1% on the day. The lower timeframes are holding above their short-term averages, but the bigger picture is still under pressure, with price sitting below key moving averages that are all stacked overhead around $196. That's the ceiling buyers need to clear.
Key levels on my 👀:
Support: $193 to $192
Major support: $184.79
Resistance: $195.58 to $196.50
Next target zone: $198 to $203
A clean break above $196.50 could give the recovery more room to run toward $198 and beyond. If the price slips below $192, this bounce may need a reset, and a loss of $184.79 would put the downtrend back in control.
Credit to buyers for defending the lows. Now the real test is whether ZS can reclaim that $196 zone with conviction instead of fading back into the range.
#CoinVahini #ZS #Zscaler #StockMarket