$ZRO Explodes with Power: $5.77K Short Liquidated at $2.775! Is This Just the Beginning?
The bears are bleeding! $ZRO crushed short sellers with a major liquidation of $5.77K at $2.775, signaling bullish momentum and a possible trend reversal. With liquidity wiped out and volume surging, all eyes are on the next move!
Technical Analysis (1H & 4H Timeframe)
Buy Zone (Entry Range):
$2.68 – $2.78
Strong support lies here after the liquidation wick. Price may retest before launching further.
Target Zones:
Target 1: $3.15 – Minor resistance
Target 2: $3.48 – Breakout zone
Target 3: $3.88 – Psychological level & fib extension
Target 4: $4.25 – Ultimate bull zone
Stop-Loss:
$2.59 – Below the key support and liquidation zone. Break below here invalidates the bullish setup.
Why This Setup is HOT:
Liquidation Cascade Triggered: Shorts are out – bulls take control
Strong Volume Spike: Buyers stepped in with confidence
Bullish Market Structure: Higher lows + wick absorption
Sentiment Flip: Fear into FOMO – Perfect zone for breakout traders
Next Move? If $ZRO holds above $2.68, the sky is the limit. Strap in – this may just be the start of a massive squeeze!
