Since 2024, 
ZRO established a key level around $3. Moving into 2025, the price experienced a sharp decline, breaking below $3 and finding support near $1.5.
In mid-March, the long-term downtrend channel was decisively broken with a +140% move. However, the price failed to reclaim the $3 key level on the back-test, resulting in a prolonged sideways range between $2.3 and $3.
During this consolidation phase, there was a notable upthrust right at the $3 key level, which triggered another strong correction, sending price back to retest the $1.5 support zone.
Currently, we are seeing a clear breakout from the descending channel. With Bitcoin reaching new all-time highs, the outlook forZRO has turned positive, and a new bullish wave is expected. The primary target remains a break above the $3 key level. Importantly, this breakout is developing with a healthier structure compared to the rapid, unsustainable move in March.
Risk management: Place stop-loss orders below $1.7 to protect capital.
ZRO established a key level around $3. Moving into 2025, the price experienced a sharp decline, breaking below $3 and finding support near $1.5.In mid-March, the long-term downtrend channel was decisively broken with a +140% move. However, the price failed to reclaim the $3 key level on the back-test, resulting in a prolonged sideways range between $2.3 and $3.
During this consolidation phase, there was a notable upthrust right at the $3 key level, which triggered another strong correction, sending price back to retest the $1.5 support zone.
Currently, we are seeing a clear breakout from the descending channel. With Bitcoin reaching new all-time highs, the outlook for
ZRO has turned positive, and a new bullish wave is expected. The primary target remains a break above the $3 key level. Importantly, this breakout is developing with a healthier structure compared to the rapid, unsustainable move in March.Risk management: Place stop-loss orders below $1.7 to protect capital.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.