Resistance, Support, and Momentum

ZRX is currently trading at $0.2481. The RSI of 69 indicates slight overbought conditions. The $0.2530 Fibonacci level acts as resistance, while the $0.2238 Fibonacci level provides support. The EMA 50 at $0.2175 acts as support, and the EMA 100 at $0.2131 acts as stronger support. The positive MACD value of 0.0040 suggests upward momentum. In a bullish scenario, breaking above $0.2530 and staying above the EMAs could lead to further gains. In a bearish scenario, failing to break resistance and dropping below the EMAs could indicate selling pressure. Key levels: Support at $0.2238, $0.2175, $0.2131 and Resistance at $0.2530.