After breaking above a descending triangle structure, ZRO is now trading above the former resistance line near 2.05 USDT. This move confirms a bullish breakout, with price expanding above the falling trendline – now acting as dynamic support.
The projected move based on the triangle’s depth points toward a potential upside target of 3.55 USDT (+65%) from the breakout level. As long as price holds above the breakout zone, momentum remains with the bulls.
Key levels:
• Breakout zone: ~2.05 USDT
• Target: 3.55 USDT
• Invalidation: Breakdown below ~1.95 USDT
Breakout remains valid – watching for sustained strength and possible trend continuation toward the upside objective.
The projected move based on the triangle’s depth points toward a potential upside target of 3.55 USDT (+65%) from the breakout level. As long as price holds above the breakout zone, momentum remains with the bulls.
Key levels:
• Breakout zone: ~2.05 USDT
• Target: 3.55 USDT
• Invalidation: Breakdown below ~1.95 USDT
Breakout remains valid – watching for sustained strength and possible trend continuation toward the upside objective.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.