$ZRO 🤑🤑🤑🤑🚀🚀🚀🚀
short setup played out cleanly as price faced strong rejection near the $2.12 resistance and started a sharp pullback, now trading around $2.01.
The failure to hold above the recent high confirmed exhaustion in bullish momentum, giving a perfect short opportunity from the top.
The current structure shows lower highs forming, indicating sellers are gaining control in the short term.
As long as price stays below $2.05–$2.08, the downside pressure is likely to continue, with potential targets at $1.97 and $1.89.
Any minor bounce toward resistance can be used as a re-entry for short positions, while a breakout above $2.12 would invalidate the bearish setup.
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ZRO
1.998
-0.34%