๐จ Technical Analysis for $ZRO Currency | Daily Frame
๐น Current Price: 2.04$ ๐ (-2.22% over 24 hours)
โ Moving in a neutral horizontal range without a clear direction, reflecting volatility and anticipation from traders.
โ The price is fluctuating between support and resistance areas without a clear decision on direction so far.
โ The area 1.49$ โ 1.44$ represents major support/demand.
โ Moving above the level of 50 at 50.7, which supports the continuation of positive momentum.
๐ผ Positive Scenario (Rise):
In case of stability and breaking above 2.21$
๐ฏ 2.21$ โ 2.39$ โ 2.67$
๐ฝ Negative Scenario (Fall):
In case of breaking 1.49$ with a daily close
โ 1.49$ โ 1.44$ โ 1.27$
๐ Note: Breaking either of the two major levels will determine the upcoming direction.
โ ๏ธ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.