$ZRX Bullish Momentum Building for Upside Extension

After an extended period of sideways consolidation, $ZRX executed a strong impulsive breakout, followed by a healthy and shallow retracement. The price has now retested and is holding firmly above the former resistance-turned-support level, signaling robust demand from buyers.

Provided this key support remains intact, the chart structure points to a higher probability of resumed upward momentum, targeting the next major overhead resistances, rather than any significant downside correction.

Trade Idea:

Buy Zone: $0.160 – $0.168

Take Profit 1: $0.180

Take Profit 2: $0.195

Take Profit 3: $0.203

Stop Loss: $0.148 (below recent swing low)

Risk Guidelines:

Allocate no more than 2–5% of your portfolio per position.

Trail stop loss to breakeven after reaching TP1.

Always implement a hard stop loss, particularly in volatile market conditions.

Note: This is not financial advice—trade at your own risk and DYOR.