🔴 $ZRO SHORT SETUP – SELLERS DEFENDING RESISTANCE? 🐻
ZRO is facing selling pressure around the $1.57 resistance zone. Price remains below the EMA50 at $1.59, keeping the short-term structure bearish.
📊 TRADE SETUP: SHORT
🔴 Entry: $1.564 – $1.573
🎯 TP1: $1.538
🎯 TP2: $1.518
🚀 TP3: $1.487
🛑 Stop Loss: $1.620
📉 Why I'm Watching This Short:
- 4H structure shows sellers defending the $1.57 area.
- Price remains below EMA50 at $1.59.
- Funding is relatively flat at +0.005%.
- Resistance rejection could open the door for further downside.
⚠️ Risk Management:
Potential risk to SL: approximately 3.3%.
Potential reward to TP3: approximately 5.2%.
Risk/Reward: Around 1.6R.
My focus is on how price reacts around $1.57. If sellers defend this level, downside targets remain in play. A strong breakout above resistance could invalidate the bearish idea.
$AKE
$EMR.US
Don't chase. Wait for confirmation and trade with controlled risk.
#ZRO #CryptoTrading #SHORT #BinanceSquare
DYOR | NFA.
ZRO is facing selling pressure around the $1.57 resistance zone. Price remains below the EMA50 at $1.59, keeping the short-term structure bearish.
📊 TRADE SETUP: SHORT
🔴 Entry: $1.564 – $1.573
🎯 TP1: $1.538
🎯 TP2: $1.518
🚀 TP3: $1.487
🛑 Stop Loss: $1.620
📉 Why I'm Watching This Short:
- 4H structure shows sellers defending the $1.57 area.
- Price remains below EMA50 at $1.59.
- Funding is relatively flat at +0.005%.
- Resistance rejection could open the door for further downside.
⚠️ Risk Management:
Potential risk to SL: approximately 3.3%.
Potential reward to TP3: approximately 5.2%.
Risk/Reward: Around 1.6R.
My focus is on how price reacts around $1.57. If sellers defend this level, downside targets remain in play. A strong breakout above resistance could invalidate the bearish idea.
$AKE
$EMR.US
Don't chase. Wait for confirmation and trade with controlled risk.
#ZRO #CryptoTrading #SHORT #BinanceSquare
DYOR | NFA.
