$ZRO is finally breaking out of its descending trendline. đ
Price pushed above the $2.16 resistance and surged toward $2.35, clearing the previous consolidation zone around $2.10. Now the key question is whether $2.16 can hold as support on a retest.
A sustained hold could open the way toward $2.30â$2.35 and potentially higher. But if price falls back below the breakout zone, a failed breakout becomes a real risk.
The breakout is promising. The retest will tell us more.
Price pushed above the $2.16 resistance and surged toward $2.35, clearing the previous consolidation zone around $2.10. Now the key question is whether $2.16 can hold as support on a retest.
A sustained hold could open the way toward $2.30â$2.35 and potentially higher. But if price falls back below the breakout zone, a failed breakout becomes a real risk.
The breakout is promising. The retest will tell us more.