ZRO has shown an impressive +21% surge in the past 24 hours, breaking through multiple resistance zones and hitting a high of $2.584. This rally came after a strong rebound from the recent low at $1.638, marking a decisive bullish shift in momentum.
🔹 Short-term Trend: Strongly Bullish – Buyers are in full control, pushing prices to multi-week highs.
🔹 Key Support Levels:
$2.21 – First support from recent breakout
$2.00 – Psychological round number and previous consolidation area
🔹 Key Resistance Levels:
$2.58 – Current local high
$2.63 – Major short-term barrier to watch
🔹 RSI Status: RSI is at 83, indicating overbought conditions. A short-term pullback or consolidation could occur before the next leg up.
📌 Summary:
ZRO is riding strong bullish momentum with high volume, suggesting traders are optimistic. However, with the RSI overheated, a healthy correction toward support levels wouldn’t be surprising before another potential push higher.
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📌 Disclaimer: This is for educational purposes only and is not financial advice. Always do your own research before trading.