In the ZRO/USDT chart, we see a potential "Cup and Handle" pattern, a bullish indicator. Here's a quick breakdown:
### Key Points: - **Cup:** A rounded bottom after a decline and then a rise back to the original level. - **Handle:** A brief pullback forming a small consolidation. - **Breakout Point:** When the price breaks above the handle's resistance level, indicating a bullish continuation.
### Trading Strategy: 1. **Entry:** Enter a long position on a breakout above the handle with strong volume. 2. **Stop Loss:** Place below the handle’s lowest point. 3. **Target:** Measure the cup's depth and project it upward from the breakout point.
This pattern suggests a potential upward move. Watch for the breakout and trade wisely!
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