Trade Signal for ZETA
Entry Range: $0.275 - $0.295
Action: Sell 📉
SL (Stop Loss): $0.310
TP 1: $0.260
TP 2: $0.245
TP 3: $0.230
🥂 Check Price and Trade Now 👇
🚨 Note: Trade at your own risk. DYOR.
ZETA has shown a steep daily decline (-11.77%) with increased selling volume (+33.18%), indicating bearish momentum. The all-time low was just hit at $0.2618, suggesting weak price structure and potential continuation downward. Resistance near $0.295 - $0.310 should limit any upside moves. If the price fails to reclaim $0.275 convincingly, further downside towards $0.245 - $0.230 is likely.
Reversal Possibility (Bullish Scenario):
If ZETA reclaims $0.310 with strong volume, a short-term bounce could occur:
Entry Range: $0.310 - $0.330
Action: Buy 📈
SL: $0.285
TP 1: $0.345
TP 2: $0.370
TP 3: $0.400
Reason for Reversal:
Break Above Key Resistance ($0.310): This could trigger short liquidations, fueling a recovery.
Oversold Conditions: A short squeeze or market recovery could push ZETA back up.
Increasing Trading Volume: If buyers step in aggressively, a bullish reversal may materialize.
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