ZROUSDT trade ideas
ZRO: BearishThe market sentiment for ZRO is currently bearish, with technical indicators suggesting caution due to potential downside risks.
Key Factors Influencing ZRO Price
MACD: The MACD is bearish, with the histogram at -0.014, MACD line at -0.220, and the signal line at -0.206. This indicates strong bearish momentum.
Stochastic Oscillator: With %K at 3.90 and %D at 5.25, the Stochastic Oscillator shows oversold conditions, suggesting a potential short-term rebound.
RSI: The RSI at 26.39 indicates that ZRO is in oversold territory, which could signal a potential reversal or consolidation.
Potential Market Scenarios
Bullish Scenario:
A break above the local resistance at $3.75 could lead to further upward movement, potentially targeting the solid resistance at $4.17. This move would likely confirm bullish momentum and attract more buyers.
Bearish Scenario:
If ZRO fails to break above the local resistance, it could retest the support levels at $3.33 and potentially fall to the solid support level at $3.00. A break below $3.00 could signal further declines, with dynamic support suggesting lower targets.
Conclusion and Market Outlook
ZRO is currently positioned with significant support and resistance levels to watch. The bearish MACD and overall market activity suggest caution, as the potential for further declines exists. Monitoring the key resistance levels and potential support levels is crucial for making informed trading decisions.
#ZRO/USDT#ZRO
The price is moving in a descending channel on the 1-hour frame and we are about to break it
We have a bounce from a major support area in green at 3.80
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the 100 moving average, which supports the rise
Entry price 3.96
First target 4.16
Second target 4.39
Third target 4.64
ZRO shortZRO broke through the support level and the ascending trendline. Decline to support level at $3 is expected to happen
#ZRO fresh setup Fresh entry on our already running position which is already 70% profit booked
watching the ascending channel if hold the support
#ZRO/UDT#ZRO
Our price is moving downward on a 1-hour frame and is rising from the current levels
We have a bounce from the lower border of the channel from the support area at 4.35
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is heading up and supporting it
Entry price is 4.40
The first goal is 4.78
Second goal 5.17
Third goal 5.56
ZRO, 5.417, LONGThe token does not react to market pullbacks and looks much stronger than the market. False breakouts are redeemed. Large accumulation below the key level, which can give a good impulse when entering the long zone.
zroThe upward movement has started, some will understand it too late. Our analysis is based on technical and crypto industry knowledge BINANCE:ZROUSDT
ZROUSDt Bullish Traingle!ZROUSDT technical analysis update
ZRO price broke the triangle resistance line on the 4H chart with high volume. We can expect a bullish move from the current level.
Buy zone : Below $4.45
Stop loss : $4.00
Take Profit 1: $4.80
Take Profit 2: $5.45
Take Profit 3: $6.65
regards
Hexa
ZRO/USDT Plan ZRO/USDT appears promising for a bullish breakout soon. I expect a breakout to occur, potentially leading to a 20-40% bullish move if successful. Please note, this is not financial advice; do your own research (DYOR).
#ZERO new idea first plan went perfectly after reclaiming our level had nice 20% rally
watching it again to reenter
#ZRO/USDT breaks the Diagonal Trendline in 1-Hour TF!#ZRO/USDT breaks the Diagonal Trendline in 1-Hour TF!
Wait for a successful retest to long $ZRO. The local resistance level is PDH $4.167 and the support level is $3.776.
#ZRO/USDT#ZRO
We have a downtrend pattern on a 1-hour frame, the price is moving within it and adhering to its boundaries well
We have a support area in green at a price of 3.70 after the price touched it and rebounded from it
We have a trend to stabilize above the 100 moving average
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 3.80
First target 4.013
Second target 4.17
Third target 4.37
#ZRO/USDT#ZRO
The price of our downward channel is moving on a 1-hour frame and is about to break through to the upside in 3 stages
We have a bounce from the lower border of the channel from the green support area at 3.55
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price 3.63
First goal 4.14
Second goal 4.37
Third goal 4.65
#ZRO/USDT#ZRO
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 3.67
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 3.75
The first goal is 4.25
Second goal 4.57
Third goal 4.91
ZRO - im in short from 4.20$Hi guys, hope you are doing fine. ZRO has very expensive price right now and there is a lot of room for correction. Im expecting we will see similiar scenario like with Portal, AEVO and others. Lets see.
LayerZero ZRO price hold well#ZROUSDT price has held up quite well compared to other altcoins, despite yesterday's and today's drop in the crypto market.
We can assume that the #ZRO price will be well maintained, and maybe even pushed up, at least until 11.07, because it is until this date that the trading promo campaign is valid
You can try trading from level to level, as shown on the chart
#ZRO/USDT is respecting the Diagonal Trendline as support in 4-H#ZRO/USDT is respecting the Diagonal Trendline as support in 4-Hour TF!
I'm expecting a trendline retest before the next lag. The local resistance level is PWH $4.43 and the support level is PWL $2.725.
DAMN $ZROSomeone made crazy circle up and down. this is so bad consolidation. it is just making long run with damn bad quality of CSE:ZRO in the future, Short shortly.
$ZRO good time to entryCSE:ZRO regression looks so nice. bagged some to short this pretty movement. I am waiting the coming of 3.7 entry.
ZROUSDT - Struggling to break the High (SHORT)ZRO recently surged to a swing high and is currently battling at that price area. Let's dive into the latest price action and explore a potential short trade setup with a great risk-to-reward
Recent Price Action: Surge to Swing High
Swing High: ZRO surged to the recent swing high, encountering resistance at this key price area.
Battle at Swing High: The price is currently struggling to break above this resistance, suggesting a potential retracement.
Short Trade Setup: Targeting the Fib 0.382 Level
1.) Short Trade Setup:
Entry Point: Consider entering a short trade from the previous swing high.
Target Profit (TP): The TP for this short trade is the Fibonacci 0.382 level of the entire wave structure, around $3.80.
Support and Confluence:
Old Order Block: The Fib 0.382 level also coincides with an old Order Block, providing an additional layer of support.
Anchored VWAP: Taking the Anchored VWAP from the low, we see clear confluence at the exact 0.382 Fib level, reinforcing this area as a strong support zone.
Key Levels and Indicators
Resistance at Swing High: Watch for continued resistance at the swing high, which supports the short trade setup.
Fib 0.382 Level: Monitor the price action as it approaches the $3.80 level, where we expect to see support from the Fib level and the old Order Block.
Volume Trends: Decreasing volume near the swing high can further confirm the potential for a retracement.
Strategy: Executing the Short Trade
Executing the Short: Enter the short trade at the swing high or at Fibonacci 0.618 (around $4.3), targeting the Fib 0.382 level around $3.80.
Monitoring Price Action: Keep an eye on volume and price action for any signs of bullish reversal as the price approaches the support level.
Our short trade setup targeting the Fib 0.382 level around $3.80, which aligns with the Anchored VWAP and an old Order Block, offers a strategic opportunity with a great R:R.
What are your thoughts on this analysis?
ZROUSDT is forming bullish flag patternZROUSDT is forming bullish flag pattern and also forming bullish divergence
