$ZRO remains under persistent sell pressure after a clean breakdown from its prior range. Price is hovering near the lows, showing that buyers haven’t stepped in with any real strength and supply continues to dominate.
🔻 Short Setup — $ZRO
Entry: 2.13 – 2.18
Stop Loss: 2.27
Take Profits:
• TP1: 2.05
• TP2: 1.98
• TP3: 1.90
After rejecting from 2.58, $ZRO has been printing consistent lower highs and lower lows — a clear bearish market structure. The flush into 2.05 swept liquidity, but the bounce that followed was shallow, signaling weak demand.
On the intraday timeframe, price is trading below both the 25 EMA and the 99 EMA, confirming bearish momentum. Every minor rally continues to get capped by supply, reinforcing seller control.
Unless price reclaims and holds above 2.27, continuation toward sub-2.00 liquidity remains the higher-probability scenario.
I’m not fighting the trend here — structure still favors downside.