【$ZRO Signal】Long | Healthy Consolidation After Short Squeeze

$ZRO After a single-day surge of 19%, it is consolidating at a high level above the previous resistance zone (2.3-2.4). This is a typical healthy reset after a short squeeze, not a top.

🎯Direction: Long

🎯Entry: 2.280 - 2.300

🛑Stop Loss: 2.180 (Break below the previous 4H K-line low of 2.2673, rigid stop loss)

🚀Target 1: 2.450

🚀Target 2: 2.600

Market Analysis: After a volume breakout on the 4-hour chart, the price is consolidating strongly above the EMA20 (1.9040). Key data reveals the essence of the short squeeze: funding rate -0.0430% (shorts paying), open interest stable, but price soaring. This is a typical short liquidation scenario.

Core Logic: Depth imbalance of -7.67% indicates sell orders are stacking, but the price refuses to fall. This shows the main force is actively absorbing sell pressure above key resistance zones. RSI (72.35) is high, but in a short squeeze, it’s not a reason to short. ATR (0.1679) indicates increased volatility, so stop loss should have enough room.

The current structure is a flag pattern after a breakout. As long as the price stays above the previous breakout zone (around 2.26-2.28) and maintains a negative funding rate, the short squeeze momentum is likely to continue. Risk-reward ratio >2.5, fitting a high-probability model.

Trade here 👇 $ZRO

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