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ZRXUSDT trade ideas

ZRX/USDT showing a bounce and potential back to upward move!💎 The recent market dynamics surrounding #ZRX have indeed been quite notable. Currently, ZRX is bouncing from the Bullish OB and is poised to test the resistance of the descending channel. 💎 If successful in breaking the pattern, the next challenge will be to breach the key resistance area at 0.618. 💎 This level is crucial for confirming a bullish reversal, and ZRX must surpass it to signal a return to bullish sentiment. If achieved, the price may target a test of the strong resistance area. 💎 However, if ZRX fails to break above the 0.618 resistance level and faces rejection, it could lead to a downward movement, potentially retracing to test the Bullish OB for new momentum. 💎 It's essential to monitor ZRX's behavior at the Bullish OB level. A successful bounce from this level would reinforce bullish momentum. Conversely, a failure to bounce, or a breakdown below the OB area, could signify a bearish trend continuation, resulting in further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
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ZRX/USDT falling wedge what next? 👀ZRX analysis💎 Paradisers, get ready for an intriguing ride with ZRXUSDT! The current price action closely adheres to a falling wedge trajectory. If the price maintains momentum at the bullish order block (OB) and key support $0.3942, we can anticipate a bullish ascent toward the strong resistance level. 💎 However, let’s also consider an alternative scenario: Should the price drop below the key support within the falling wedge, it’s time to act wisely. As savvy traders, we’ll take a downward position because selling pressure has overcome buyers, capitalizing on the recent market uncertainty. 💎 For newcomers tempted to go long, remember to stay vigilant and anticipate market movements. Being one step ahead can make all the difference! MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
ZRX UPDATE (12H)We previously published a good analysis of ZRX, which caught the main pump of this coin. (You can see our serial analysis of ZRX by referring to the related analysis section.) Now we have a range for rebuy, so that it does not reach this range, we will not enter the buy/long position. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark