The $ZRX /USDT pair is showing interesting price action on the 15-minute chart. Currently trading at $0.4963, the price is hovering around a key support area at 0.4900-0.4920, where buyers have previously stepped in to defend. This level is acting as a basis for potential bullish momentum. On the other hand, resistance looms at 0.5015, a level that bulls must overcome to exit.
📈 What is the strategy?
Entry Plan: Look for confirmation of a bounce from the support area (~0.4900) before entering a long position.
Objectives: If support holds, target a retest of 0.5015, with potential to rise higher.
Risk Management: Place a tight stop loss below 0.4900 to reduce downside risk.
💡 Pro Tip: Watch volume and momentum – an increase in these can be key to spotting a breakout before it happens.
Will the bulls push through resistance, or will the bears take over? Stay tuned and ride the wave! 🌊
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