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📊 Short-Term Analysis for
$ZRX /USDT (15m - 1h - 4h) 🔥
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📉 Why a Short Trade?
1️⃣ Key Resistance at $0.2840 - $0.2890 🚧
🔹 ZRX has faced strong rejection near $0.2890, signaling potential downside.
🔹 If price stays below $0.2800, expect further selling pressure toward $0.2730 - $0.2700.
2️⃣ Lower Highs Formation 📉
🔹 ZRX is forming lower highs, indicating bearish momentum.
🔹 A break below $0.2760 could trigger a stronger downside move toward $0.2700 - $0.2650.
3️⃣ Decreasing Volume, Bears in Control 📊
🔹 24H Volume: 8.97M USDT – Selling pressure increasing.
🔹 If ZRX fails to reclaim $0.2800, expect further downside toward $0.2700 - $0.2650.
4️⃣ Key Support at $0.2730 - $0.2700 🛑
🔹 A breakdown below $0.2730 will confirm further downside toward $0.2650.
🔹 Watch for a strong bearish candle with volume for confirmation.
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📊 Short-Term Trade Setup (15m - 1h - 4h) 📊
🔹 Short Entry: $0.2780 - $0.2800 (On pullbacks)
🎯 Targets: $0.2730, $0.2700, and $0.2650
🛑 Stop Loss: $0.2850 (Above resistance)
🔸 Breakdown Confirmation:
✅ If $0.2730 breaks, expect a move toward $0.2650.
✅ If ZRX reclaims $0.2840, consider exiting shorts.
⚠️ Risk Management:
🔸 Keep SL tight above $0.2850 to minimize risk.
🔸 Watch volume & price action for bearish continuation confirmation.
📉 Overall Bias: Bearish (As long as $0.2840 holds as resistance)
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