$ZRO vs DOT Analysis: A Potential Breakout Opportunity!

LayerZero ($ZRO ) is forming a symmetrical triangle pattern, similar to Polkadot’s 2021 explosive move. If this pattern holds, we could witness massive upward momentum. Here’s a detailed plan to capitalize on this setup:

Key Levels to Watch

Current Range: Consolidating within the symmetrical triangle.

Critical Resistance: $7.25 (first breakout level).

Major Targets: $10.00, $15.00, and $20.00

Trading Plan for $ZRO

Buy Zone

Ideal Entry: $5.50 - $6.25 (near the lower edge of the triangle or support).

Confirmation: Wait for a breakout above $7.25 with strong volume for additional entries.

Targets

1. Target 1: $7.25

2. Target 2: $10.00

3. Target 3: $15.00

4. Target 4: $20.00

Stop Loss

Stop Level: $5.20 (below support to limit risk).

DOT Reflection

In 2021, Polkadot’s symmetrical triangle breakout led to massive gains. LayerZero is now showing similar patterns, and history might repeat itself!

Next Moves

1. If Breakout Holds: Targets $10.00 and above are realistic. Ride the trend with proper risk management.

2. If Breakdown Occurs: Avoid entering below $5.20, as it may invalidate the pattern.

Tip: Stay disciplined. Symmetrical triangles are explosive, but patience and risk management are key to capitalizing on this opportunity!

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