$ZRO crashed from 2.05 to 1.38 in one day. Now it's trying to recover. Here's what the structure says. 🔵
📍 Entry: 1.530–1.560
🎯 TP1: 1.650 | TP2: 1.750
🛑 SL: 1.420
1H Bollinger Bands, price just crossed back above lower green band at 1.496 after the wave (5) flush completed near 1.38. Blue midline at 1.537 is immediate resistance. Upper red band at 1.578 already being tested.
Elliott shows full 5-wave impulse down completed. ABC correction (a)(b)(c) also finished. That double exhaustion at 1.38 is the floor.
Higher low forming on April 26 vs April 25. Bands starting to contract, squeeze incoming.
Cross and hold 1.578 = 1.650 next.
LayerZero narrative still relevant