$ZRO Long Setup | 4H Chart
ZRO is showing signs of a bullish reversal after bouncing strongly from $1.80.
Price has moved above both the 20 EMA ($2.039) and 50 EMA ($2.034), with a noticeable increase in buying volume. The two EMAs are converging, so a bullish crossover could provide further confirmation of the trend reversal.
Key levels to watch:
- Entry zone: $2.10–$2.15
- Stop loss: $2.035
- Target 1: $2.217
- Target 2: $2.233
- Target 3: $2.367
The next challenge is the $2.217–$2.233 resistance zone. A clean breakout could open the door to further upside, while a rejection may lead to a pullback toward support.
I'm watching for the EMA crossover and a sustained move above resistance before considering further upside.
#ZRO #LayerZero @CryptoNewsHQ
ZRO is showing signs of a bullish reversal after bouncing strongly from $1.80.
Price has moved above both the 20 EMA ($2.039) and 50 EMA ($2.034), with a noticeable increase in buying volume. The two EMAs are converging, so a bullish crossover could provide further confirmation of the trend reversal.
Key levels to watch:
- Entry zone: $2.10–$2.15
- Stop loss: $2.035
- Target 1: $2.217
- Target 2: $2.233
- Target 3: $2.367
The next challenge is the $2.217–$2.233 resistance zone. A clean breakout could open the door to further upside, while a rejection may lead to a pullback toward support.
I'm watching for the EMA crossover and a sustained move above resistance before considering further upside.
#ZRO #LayerZero @CryptoNewsHQ