$ZEREBRO delivered a massive recovery from the $0.0226 low and nearly doubled in value before hitting resistance around $0.0493.
After such a strong bullish run, the current pullback looks more like a healthy retest and correction phase rather than a complete trend reversal. Profit-taking after a sharp rally is normal, and price is now testing whether buyers are willing to defend higher levels.
The key support zone to watch is around $0.038. As long as price holds above this area, the bullish structure remains intact and another push toward the recent highs is still possible.
However, if $0.038 fails to hold, selling pressure could increase and price may revisit lower support zones. A breakdown below that level would weaken the current bullish momentum and open the door for a deeper correction.
For now, bulls still have the advantage, but this is a critical area where the market will decide the next move.
Strong recovery from the lows. Currently in a retest and correction phase. $0.038 is the key support level. Hold support = bullish continuation. Lose support = risk of revisiting lower levels again.
Click below to Take Trade
After such a strong bullish run, the current pullback looks more like a healthy retest and correction phase rather than a complete trend reversal. Profit-taking after a sharp rally is normal, and price is now testing whether buyers are willing to defend higher levels.
The key support zone to watch is around $0.038. As long as price holds above this area, the bullish structure remains intact and another push toward the recent highs is still possible.
However, if $0.038 fails to hold, selling pressure could increase and price may revisit lower support zones. A breakdown below that level would weaken the current bullish momentum and open the door for a deeper correction.
For now, bulls still have the advantage, but this is a critical area where the market will decide the next move.
Strong recovery from the lows. Currently in a retest and correction phase. $0.038 is the key support level. Hold support = bullish continuation. Lose support = risk of revisiting lower levels again.
Click below to Take Trade