$ZRO UPDATE 🔴
$ZRO Trading Plan 🔴
Analyzing the Fibonacci retracement levels on the $ZRO/USDT chart, here is a simplified trading plan based on the current price action and technical indicators:
Current Price Action:
Current Price: $3.556
Support Levels: $3.310 (50% Fibonacci Level), $2.765 (61.8% Fibonacci Level)
Resistance Levels: $3.854 (38.2% Fibonacci Level), $4.528 (23.6% Fibonacci Level)
Trading Plan
Support Level: $3.310 (50% Fibonacci Level)
Entry Point: Consider buying if the price holds above $3.310.Stop-Loss: Place a stop-loss just below $3.310.
Target: Monitor the next resistance level at $3.854.
Resistance Level: $3.854 (38.2% Fibonacci Level)
Entry Point: Buy if the price breaks above $3.854.
Stop-Loss: Place a stop-loss just below $3.854.Target: If the price holds, aim for the next resistance level at $4.528.
Critical Support Level: $2.765 (61.8% Fibonacci Level)
Entry Point: Buy if the price holds above $2.765.Stop-Loss: Place a stop-loss just below $2.765.Target: If the price holds, aim for the next Fibonacci level at $3.310.
Summary
Monitor Key Levels: Keep an eye on the crucial Fibonacci levels: $3.310, $3.854, $2.765, and $4.528.Entry Strategy: Enter positions if the price holds above the identified Fibonacci support levels.
Stop-Loss: Always set a stop-loss just below the support level to minimize potential losses.
#ZRO #BNBHODLer $LISTA #BinanceTournament #LayerZero #Write2Earn! $
