$ZRO just got rejected hard at the highs. Here's what I see š
Price ran 36% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
Look at what happened around 1.7785: ZRO got through by just 8.4%, tagged 1.9278 and fell back. Everyone who bought that breakout is sitting on a loss now.
The spot I care about is 1.6508. That's where the last dip bottomed (it retraced 35% of $ZRO the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 1.9278 though, I'm wrong.
š My ZRO trade: short from 1.8023, stop at 1.8781, target 1.6508 (+8.4%, 1:2)
š 24h Vol: $45.2M | 24h Chg: -2.5% | Funding: +0.0050%
Agree or disagree? Let me know š
Follow for daily chart breakdowns š
My opinion only. Not financial advice, do your own research.
#ZRO #Analysis #Trading
Price ran 36% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
Look at what happened around 1.7785: ZRO got through by just 8.4%, tagged 1.9278 and fell back. Everyone who bought that breakout is sitting on a loss now.
The spot I care about is 1.6508. That's where the last dip bottomed (it retraced 35% of $ZRO the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 1.9278 though, I'm wrong.
š My ZRO trade: short from 1.8023, stop at 1.8781, target 1.6508 (+8.4%, 1:2)
š 24h Vol: $45.2M | 24h Chg: -2.5% | Funding: +0.0050%
Agree or disagree? Let me know š
Follow for daily chart breakdowns š
My opinion only. Not financial advice, do your own research.
#ZRO #Analysis #Trading
