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$ZRO still respecting bearish market structure, I’m watching rallies for short entries.
Price rejected near EMA25 after a relief bounce and returned toward 1.48 support. RSI remains weak despite previous reaction.
Market read:
– Lower highs confirmed since 1.79 peak.
– EMAs acting as dynamic resistance.
– Sell impulse strong, rebounds shallow.
– Momentum fading after each bounce.
Entry Point:
Aggressive: 1.52–1.55 rejection zone.
Conservative: Break below 1.48 with continuation candle.
Target Point:
TP1: 1.47
TP2: 1.43
TP3: 1.39
Stop Loss:
Above 1.60 (trend shift level).
How it’s possible:
Buyers failed to reclaim EMA structure. If 1.48 liquidity breaks, downside expansion likely continues before meaningful base forms.
Still a sell-the-bounce market.
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