ZRO / TetherUS
Updated

ZRO analysis (4H)

615
ZRO has just been listed on exchanges and not much data is available on this token.

We have a long shadow resistance range, 70-100% of this long shadow is considered an important resistance.

We expect the price to be rejected when it hits the red box.

The targets are clear on the chart.

Closing a daily candle above the invalidation level will violate the analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
After hitting supply, it dropped more than 39% and reached tp 2 and reacted

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.