$ZRO: High Volume Selling Sweep Breaks $ZRO Market Structure
SHORT SETUP ZRO
Entry: $1.8400 - $1.8500
Stop Loss: $1.9100
Take Profit: $1.7150 (2R)
Key Levels: Support $1.8000 | Resistance $1.9230
Technical Analysis for $ZRO: Price sits well below EMA9, EMA21, EMA50 and EMA200, confirming a downtrend. Orderbook shows modest bidside imbalance, but overall structure points to further downside toward the 1.80 support. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure. The nearby resistance and support levels frame the current market structure.
Market Context: BTC is in a bearish 4hour trend and mixed on daily, down 2.7% over 24 h, while the broader market is broadly
SHORT $ZRO
SHORT SETUP ZRO
Entry: $1.8400 - $1.8500
Stop Loss: $1.9100
Take Profit: $1.7150 (2R)
Key Levels: Support $1.8000 | Resistance $1.9230
Technical Analysis for $ZRO: Price sits well below EMA9, EMA21, EMA50 and EMA200, confirming a downtrend. Orderbook shows modest bidside imbalance, but overall structure points to further downside toward the 1.80 support. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure. The nearby resistance and support levels frame the current market structure.
Market Context: BTC is in a bearish 4hour trend and mixed on daily, down 2.7% over 24 h, while the broader market is broadly
SHORT $ZRO