$ZRO /USDT +0.85% — Short-Term Bounce or Start of Reversal?
ZRO is trading at $1.775, up +0.85%, rebounding modestly off recent lows. While short-term momentum shows improvement, the pair remains below key resistance zones and long-term MAs, hinting at a still-fragile trend.
Technical Snapshot:
24h Range: $1.695 – $1.829
Volume: 2.91M ZRO / $5.11M USDT
MA(7): $1.744 (currently above)
MA(25): $1.999
MA(99): $2.215
Trend & Indicators:
Price has moved above MA(7) but remains well below MA(25) and MA(99) — longer-term trend is still bearish.
A bounce off the $1.695 level has provided short-term relief.
MACD likely turning slightly bullish, but RSI needs to rise above midline to confirm trend reversal.
Key Levels to Watch:
Immediate Resistance: $1.895 → $2.120 → $2.344
Support Levels: $1.744 → $1.670 → $1.495
Outlook:
Neutral to Slightly Bullish: Above $1.74 offers a window for further recovery.
Upside Target: $1.895 near term, with $2.12 capping potential rallies unless strong volume enters.
Downside Risk: Losing $1.74 reopens $1.67 and possibly $1.49, confirming continuation of bearish structure.
Conclusion: ZRO is attempting a short-term recovery above MA(7), but bulls need a break above $1.90+ to signal a true trend shift. Until then, upside moves are likely corrective within a broader downtrend.