$ZRO is forming a classic falling wedge pattern on the daily chart a structure that often precedes bullish reversals.
After a strong rebound from the lower trendline near $1.35, price has reclaimed $1.66 and is eyeing a potential breakout toward $2.40–$2.70, representing roughly a 40% upside from current levels.
If momentum continues and volume confirms, a clean breakout from the wedge could mark the start of a fresh mid-term uptrend.
Key levels: Support — $1.35 Resistance — $2.20–$2.7.
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$ZRO is forming a classic falling wedge pattern on the daily chart a structure that often precedes bullish reversals.
After a strong rebound from the lower trendline near $1.35, price has reclaimed $1.66 and is eyeing a potential breakout toward $2.40–$2.70, representing roughly a 40% upside from current levels.
If momentum continues and volume confirms, a clean breakout from the wedge could mark the start of a fresh mid-term uptrend.
Key levels:
Support — $1.35 Resistance — $2.20–$2.7.
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