#ZRO/USDT could be another strong contender

Mar 26

#ZRO

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

There is a key support zone in green at 1.90, and the price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 2.03
First Target: 2.09
Second Target: 2.16
Third Target: 2.24

Stop Loss: At the resistance zone in green

Remember this simple rule: Money Management.

Any questions, please leave a comment.

Thank you.

Mar 27

Trade closed: target reached

#ZRO
First Target: 2.09 Reached
Second Target: 2.16 Reached