$ZRX is currently trading at 0.194, near the lower Bollinger Band of 0.1938.
This proximity suggests potential bullish reversal or overextension.
Volatility appears to be contracting, indicating a possible price squeeze ahead.
Key support is established at 0.1906, while resistance is at 0.2046.
Consider placing a stop-loss just below 0.1906 to manage risk.
Traders should watch for a bounce from this level to confirm a buy signal.
Alternatively, set alerts to monitor breaks above resistance for potential trends.
