$ZRO ๐ ZRO/USDT Technical Breakdown
Chart powered by PromptFi ๐
After peaking at $7.56, ZRO followed a classic descending trendline into consolidation. Price bottomed at $1.48, forming a potential double bottom structure.
๐ Key lines:
๐ต Downtrend Resistance: clean rejection off this line several times since Jan 2025.
๐ข Short-Term Upside Target: $2.51 (previous local high + Bollinger mid-band)
๐ Medium-Term Risk: If volume stays weak, price may revisit $1.48 or lower.
๐ง Indicators:
RSI: still below 30 โ oversold
MACD: nearing a potential bullish cross
Bollinger Bands: tightening = volatility loading
โณ Conclusion:
If $1.90 holds and breaks above $2.10, we could see a short-term rally toward $2.50. Failure = risk of another leg down.
๐ Always DYOR.