$ZRO — Oversold at Support / Counter-Trend Bounce ⚡
$ZRO is deeply oversold and sitting directly on support. RSI is stretched and price is testing recent lows — the kind of spot where seller exhaustion can trigger a sharp relief rally, even inside a broader downtrend.
This is a counter-trend setup, so execution and risk control matter.
Trade Plan — LONG
Entry: 1.46 – 1.50
Stop Loss: 1.39
Targets:
• TP1: 1.55
• TP2: 1.65
• TP3: 1.80
A push back above short-term resistance could squeeze late shorts quickly. However, failure to hold support invalidates the bounce thesis immediately.
⚠️ Leverage note: While the R:R may look attractive, x10–20 increases liquidation risk significantly on counter-trend trades. Size appropriately and treat this as a tactical bounce — not a confirmed trend reversal.
#ZRO #Oversold #CounterTrend #ReliefBounce #CryptoTrading
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