Short $ZRO at 1.57. Can sellers defend this level?
Watching 1.57 as resistance. Below the EMA50 at 1.59, structure favors sellers.
Why here:
• 4H at 1.57, sellers are in control here
• 3.3% to the stop, 5.2% to TP3 makes it interesting
• Funding flat at +0.005%, no urgency from buyers
SHORT 1.564–1.573
TP 1.538 / 1.518 / 1.487
SL 1.620
nfa · dyor
Watching 1.57 as resistance. Below the EMA50 at 1.59, structure favors sellers.
Why here:
• 4H at 1.57, sellers are in control here
• 3.3% to the stop, 5.2% to TP3 makes it interesting
• Funding flat at +0.005%, no urgency from buyers
SHORT 1.564–1.573
TP 1.538 / 1.518 / 1.487
SL 1.620
nfa · dyor
