pejman_zwin

🚧ZetaChain(ZETA) Needs Correction[➖20%➖40%]🚧

Short
pejman_zwin Updated   
BYBIT:ZETAUSDT   ZETAUSDT SPOT
🔥During the last 24 hours, the ZetaChain(ZETA) project has grown over 🚀➕200%🚀, and it is one of the trending Tokens of the last 24 hours.

📚What Is ZetaChain (ZETA)❗️❓

ZetaChain is a novel L1 that has chain-agnostic interoperability built-in (EVM-compatible, Cosmos/IBC, Bitcoin, Dogecoin, Tron, etc.). Developers currently use ZetaChain’s messaging capabilities to send data and native value (without wrapping assets) between any chains.

ZetaChain will also support native smart contracts, which let developers build omnichain dApps that orchestrate funds across chains from a single contract.


📈From the point of view of Classical Technical Analysis, ZetaChain (ZETA) seems to have succeeded in forming the Descending Triangle.

✅Currently, ZetaChain (ZETA) has managed to break the Support line🟢.

🔔I expect ZetaChain (ZETA) needs to be corrected, and this correction can continue until the 🎯Targets➖20%-40%🎯 I specified in the chart.

❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.

ZetaChain Analyze (ZETAUSDT), 15-minute time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.

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Trade active
Comment:
The analysis is valid until ZETA goes above the 🟢Support zone($1.60-$1.53)🟢 again.
Trade closed: target reached:
First Target✅Done✅
Comment:
ZETA will probably attack the 🔴Resistance zone($2.00-.$1.83)🔴.

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