$ZRO

/USDT Technical Analysis & Trade Signals

Current Price: $6.63

Momentum: Bullish (Strong upward movement with buying pressure dominating)

Key Levels

Resistance: $6.70

Support: $6.50

Trend: Positive, with consistent higher highs and strong volume backing the movement.

Trade Setup

Entry Point: $6.63 (current price)

Stop Loss: $6.45 (below recent support level)

Target Levels 🎯

1. Target 1: $6.80 (Short-term resistance)

2. Target 2: $7.00 (Psychological level with potential breakout)

3. Target 3: $7.25 (Extended resistance based on Fibonacci projection)

Trade Momentum

15 min chart: Bullish (Strong buying observed, suitable for scalping)

1 hour chart: Uptrend (Momentum building with high volume)

1 day chart: Breakout Pattern (Likely continuation above $6.70 if volume sustains)

Recommendation:

For Swing Traders: Hold until Target 2 or Target 3 if momentum persists.

For Day Traders: Book profits near Target 1.

Keep an eye on the overall market sentiment and updates from Binance regarding ZRO/USDT liquidity or news.

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