After getting slaughtered
over the past couple of weeks, ZRXETH
is back to the trendline to create a lower high. Yes, this lower high is not confirmed yet. Yes, the lower high could technically end up a tiny bit lower than where it is right now, but I'm calling it here. Long target is 0.0028. Due to the recent price structure, there is a very wide uncertainty in time -- between exactly 1 month from now and 1.5 years from now. The last time ZRXETH
touched these levels, back in May, it saw the largest weekly green candle body of all time and rose 2.5x in a single week. Nothing is stopping from this type of price action from occurring again, but nothing is guaranteeing it either. Let's see what happens.