Is $ZRO at $1.47 finally oversold, or is this just the next leg down? 📉
Down 7.3% today, with the 4h move at -7.6%. RSI is 34, but volume is only 0.6x its 20d average. That’s not panic selling yet.
That is weak.
Price sits below the 20d and 50d MAs while longs still pay funding. Even $XRP has held up better lately. I’d want to see $ZRO reclaim $1.50 before getting interested, otherwise the bearish stack stays in control. ⚠️
#ZRO #Trading #Altcoin
Down 7.3% today, with the 4h move at -7.6%. RSI is 34, but volume is only 0.6x its 20d average. That’s not panic selling yet.
That is weak.
Price sits below the 20d and 50d MAs while longs still pay funding. Even $XRP has held up better lately. I’d want to see $ZRO reclaim $1.50 before getting interested, otherwise the bearish stack stays in control. ⚠️
#ZRO #Trading #Altcoin