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$ZRO Sideways with Bearish Vibes Are Strong. Not much exciting action, but the setup is starting to look bearish.
- Volume's been drying up during this range (latest candle barely 1.4k vs usual 10M average) – shows nobody's really committed. But that big breakdown candle a while back with 18.5M volume? That had real selling behind it.
- Flows are ugly: Spot money keeps flowing out (24h -300k+, 7D almost -900k) – feels like bigger players are dumping. Futures have inflows (+260k 24h, +700k 3D), which probably means shorts piling on and pushing it lower.
*My plan
$ZRO : Cautious short setup.
- Aggressive play: Enter around current price ~1.2406.
- Better: Wait for a retest of Resistance at 1.3177 and short from there.
- Stop-loss: 1.2780 if entering at 1.24 – gives room without getting stopped out on noise.
- Targets
$ZRO : Primary at support 1.1486, secondary next support 1.0743 if it keeps going.
Just watch volume on any move – if supports break without decent selling volume, it could fake out. And if RSI/MACD start showing bullish divergence or we close above MA5 (~1.2575), this bear case is dead quick.
#zro #ZROUSDT #LayerZero