$ZRO /USDT Daily Chart Analysis – 🚀 Major Bullish Breakout!

Current Price: $3.136 (+18.88%)

Daily Range: High: $3.285 – Low: $2.609

🔹 Key Technical Insights:
Trend & Price Action:

✅ ZRO has surged nearly 19% today, signaling a strong bullish breakout.

✅ Price broke out from a downtrend, suggesting a potential reversal.

✅ Bollinger Bands expanding, indicating increased volatility.

Moving Averages (MA):

✅ SMA 5, 10, 20, 50 → All Bullish → Confirming an uptrend continuation.

Momentum Indicators:

RSI (D: 84.52, 15: 54.43, 60: 78.47, 240: 85.24) → Overbought levels ⚠️
Stochastic RSI: Bullish crossover → Suggests continued upward momentum ✅
MACD: Bullish crossover → Further confirmation of trend strength ✅
ADX: Bullish crossover → Trend gaining strength ✅
MFI (Money Flow Index): Overbought → Possible short-term pullback risk ⚠️
VWAP: Uptrend → Institutional buying pressure ✅


📉 Support & 📈 Resistance Levels:

📈 Resistance: $3.30, $3.50, $4.00

📉 Support: $2.95, $2.75, $2.50

⚠️ Outlook & Trading Plan:

✅ Bullish Scenario: A break above $3.30 could lead to $3.50 - $4.00.

⚠️ Bearish Risk: Overbought conditions could trigger a pullback to $2.95 - $2.75.

📢 Conclusion:

ZRO is in a strong bullish breakout, backed by volume and momentum indicators. However, RSI and MFI suggest caution for a possible short-term pullback.

#ZRO #Crypto #Trading #TechnicalAnalysis 🚀