đ ZRO/USDT Analysis: Key Levels and Entry Strategy
1. Support and Resistance Levels:
- Support (S): The current support level is around $3.41.
- Resistance (R): The key resistance zone lies between $3.57 and $3.70.
2. Recent Price Action:
- ZRO has been consolidating within this range, respecting the support and encountering resistance.
- The recent bullish move tested the upper boundary but faced rejection.
3. Entry Strategy:
- Long Position:
- Consider entering long if ZRO breaks and sustains above $3.70.
- Target the next resistance at $3.80.
- Set a stop-loss just below $3.57.
- **Short Position:**
- If ZRO drops below $3.41, consider shorting.
- Target the support at $3.30.
- Set a stop-loss above $3.57.
4. Current and Previous Values:
- Current Price: $3.49
- Previous High: $3.57
- Previous Low: $3.41
:Remember to manage risk and adjust your strategy based on market conditions. Happy trading! đ
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