【$ZRO Signal】Long | Healthy Reset After Breakout with Volume
$ZRO After a 19% increase with volume, the price is consolidating in a narrow range at high levels. This is a typical cooling-off period after a breakout. The market shows strong buying absorption, with no signs of panic selling, indicating a healthy reset rather than a top.
🎯 Direction: Long
🎯 Entry: 2.20 - 2.28
🛑 Stop Loss: 2.08 ( Rigid Stop Loss )
🚀 Target 1: 2.50
🚀 Target 2: 2.80
The breakout was accompanied by an increase of over 80 million in open interest and significant volume expansion, which suggests that institutional funds are entering rather than just short covering. After the breakout, the price did not fall back quickly but instead formed a tight flag pattern at high levels, indicating very light selling pressure. As long as the price holds above the previous high support near 2.20, the market structure remains bullish, and the probability of further upward continuation is higher.
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【$ZRO Signal】Long | Healthy Reset After Breakout with Volume
$ZRO After a 19% increase with volume, the price is consolidating in a narrow range at high levels. This is a typical cooling-off period after a breakout. The market shows strong buying absorption, with no signs of panic selling, indicating a healthy reset rather than a top.
🎯 Direction: Long
🎯 Entry: 2.20 - 2.28
🛑 Stop Loss: 2.08 ( Rigid Stop Loss )
🚀 Target 1: 2.50
🚀 Target 2: 2.80
The breakout was accompanied by an increase of over 80 million in open interest and significant volume expansion, which suggests that institutional funds are entering rather than just short covering. After the breakout, the price did not fall back quickly but instead formed a tight flag pattern at high levels, indicating very light selling pressure. As long as the price holds above the previous high support near 2.20, the market structure remains bullish, and the probability of further upward continuation is higher.
Trade here 👇 $ZRO
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$ZRO
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