Here is a brief technical analysis of ZRX/USDT on the 15-minute timeframe:
---
📉 Current price: $0.2298
High: $0.2316
Low: $0.2266
Current pattern: attempting to recover after a correction
---
📊 What is visible on the chart:
The price formed a double top around $0.2311 and began to correct.
After a pullback to $0.2266, there was a bounce up, but the subsequent movement looks weak.
A local sideways movement is currently forming, and volumes are gradually decreasing.
---
📌 Conclusion:
Resistance level: $0.2310–0.2315
Support level: $0.2265–0.2270
Currently, there are no signals for a breakout upwards — consolidation or another pullback is possible.
If the price breaks $0.2305 with volume — one can enter long until $0.2330.
If it breaks $0.2265 — short to $0.2240.