📊 ZERO Market Analysis – Bearish Signal Near Resistance! ⚠️
🔹 ZERO/USDT Price: $2.981
📊 Resistance Level: $3.028
🛡 Support Levels: $2.913 & $2.782
⚠️ Market Signal: Hanging Man Candle at Resistance – Potential Downtrend Ahead!
ZERO is trading just below resistance ($3.028) while forming a Hanging Man candlestick—a bearish reversal pattern—at this key level. This suggests selling pressure is increasing, and a possible rejection from resistance could push the price toward lower support levels.
🔍 Technical Outlook:
✅ A breakout above $3.028 could invalidate the bearish setup and trigger a strong uptrend.
✅ If the price gets rejected, it may test support levels at $2.913 or $2.782.
✅ Traders should monitor volume confirmation before making moves.
📌 Trading Strategy:
🔸 Bearish Scenario: If the price fails to break $3.028, a retracement toward $2.913 or $2.782 may follow.
🔸 Bullish Scenario: If ZERO breaks and holds above $3.028, it could signal further upside.
🔸 Neutral Zone: Price remains in consolidation until a breakout or breakdown confirms the trend.
📢 ZERO is at a critical resistance level—can it break upwards, or is a downturn incoming? Stay alert!
#ZERO #CryptoMarket #TechnicalAnalysis #supportandresistance #TradingInsights
