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š Short-Term Analysis for
$ZRX /USDT (15m - 1h - 4h) š„
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š Why a Short Trade?
1ļøā£ Key Resistance at $0.2840 - $0.2890 š§
š¹ ZRX has faced strong rejection near $0.2890, signaling potential downside.
š¹ If price stays below $0.2800, expect further selling pressure toward $0.2730 - $0.2700.
2ļøā£ Lower Highs Formation š
š¹ ZRX is forming lower highs, indicating bearish momentum.
š¹ A break below $0.2760 could trigger a stronger downside move toward $0.2700 - $0.2650.
3ļøā£ Decreasing Volume, Bears in Control š
š¹ 24H Volume: 8.97M USDT ā Selling pressure increasing.
š¹ If ZRX fails to reclaim $0.2800, expect further downside toward $0.2700 - $0.2650.
4ļøā£ Key Support at $0.2730 - $0.2700 š
š¹ A breakdown below $0.2730 will confirm further downside toward $0.2650.
š¹ Watch for a strong bearish candle with volume for confirmation.
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š Short-Term Trade Setup (15m - 1h - 4h) š
š¹ Short Entry: $0.2780 - $0.2800 (On pullbacks)
šÆ Targets: $0.2730, $0.2700, and $0.2650
š Stop Loss: $0.2850 (Above resistance)
šø Breakdown Confirmation:
ā
If $0.2730 breaks, expect a move toward $0.2650.
ā
If ZRX reclaims $0.2840, consider exiting shorts.
ā ļø Risk Management:
šø Keep SL tight above $0.2850 to minimize risk.
šø Watch volume & price action for bearish continuation confirmation.
š Overall Bias: Bearish (As long as $0.2840 holds as resistance)
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