$ZRO Sharp Breakdown in Motion, Support in Sight❗$ZRO just plunged to $2.62, down -12.52% on the 4H chart, after getting harshly rejected from the $3.17 zone. The chart shows a clean breakdown from its recent range with five straight red candles and no sign of reversal just yet.
Key Highlights:
24h High: $3.171
24h Low: $2.622
Stoch RSI: Completely oversold (0.000), suggesting possible exhaustion but no confirmation yet
Volume: Picking up on the downside – bearish continuation favored
Support & Resistance:
Immediate Support: $2.60 (psychological + historical bounce level)
Next Support Zone: $2.43
Resistance to Watch: $2.88
Outlook:
The structure remains heavily bearish. If $2.60 fails to hold, a drop toward the previous demand zone around $2.43 is likely. Bulls need a strong engulfing candle or volume spike to flip this setup.
Tip:
Shorts can stay in control with stop-loss above $2.80. For buyers, patience is key let price stabilize before thinking about entries.#BTCBelow80K