ZEREBRO ANALYSIS (12H)Note: This is a risky meme coin with high volatility.
From the point where we placed the red arrow on the chart, the correction of ZEREBRO has started.
This correction appears to be a double structure, with the first part being a symmetrical pattern and the second part a diametric one. After the breakout of the resistance line of wave E, it seems that the price is aiming to complete wave F.
Once wave F is completed, the price will likely be rejected downward again, making that area a low-risk zone for re-entry.
Targets are marked on the chart.
The closure of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
