Binance Square

zrcusdttrading

73 views
3 Discussing
mrGenz01
·
--
$ZRC Based on the provided trading data, here is an assessment for a SHORT position on ZRCUSDT: Key Reasons to Consider SHORT: 1. Price vs. Moving Averages: · Last price (0.003330) is below MA(7): 0.003425 and MA(99): 0.003651, indicating bearish momentum in short and long-term trends. · Price is only slightly above MA(25): 0.003242, but the overall trend appears weak. 2. Recent Price Decline: · The price has dropped from recent highs (0.003384 → 0.003330), showing selling pressure. · The 24h high (0.003884) is significantly higher than the current price, suggesting a rejection and potential reversal. 3. Volume Analysis: · Current Vol: 287.4M is below MA(5): 579.5M and MA(10): 612.8M, indicating declining volume, which can precede further downside. 4. Resistance Zone: · MA(7) and MA(99) above price act as resistance. A failure to break above these levels could lead to continued downward movement. #zrcusdt #zrcusdttrading #binance #BinanceHODLerBREV #StrategyBTCPurchase
$ZRC Based on the provided trading data, here is an assessment for a SHORT position on ZRCUSDT:

Key Reasons to Consider SHORT:

1. Price vs. Moving Averages:
· Last price (0.003330) is below MA(7): 0.003425 and MA(99): 0.003651, indicating bearish momentum in short and long-term trends.
· Price is only slightly above MA(25): 0.003242, but the overall trend appears weak.
2. Recent Price Decline:
· The price has dropped from recent highs (0.003384 → 0.003330), showing selling pressure.
· The 24h high (0.003884) is significantly higher than the current price, suggesting a rejection and potential reversal.
3. Volume Analysis:
· Current Vol: 287.4M is below MA(5): 579.5M and MA(10): 612.8M, indicating declining volume, which can precede further downside.
4. Resistance Zone:
· MA(7) and MA(99) above price act as resistance. A failure to break above these levels could lead to continued downward movement.
#zrcusdt #zrcusdttrading #binance #BinanceHODLerBREV #StrategyBTCPurchase
$ZRC Based on the provided trading data, here is an assessment for a SHORT position on ZRCUSDT: Key Reasons to Consider SHORT: 1. Price vs. Moving Averages: · Last price (0.003330) is below MA(7): 0.003425 and MA(99): 0.003651, indicating bearish momentum in short and long-term trends. · Price is only slightly above MA(25): 0.003242, but the overall trend appears weak. 2. Recent Price Decline: · The price has dropped from recent highs (0.003384 → 0.003330), showing selling pressure. · The 24h high (0.003884) is significantly higher than the current price, suggesting a rejection and potential reversal. 3. Volume Analysis: · Current Vol: 287.4M is below MA(5): 579.5M and MA(10): 612.8M, indicating declining volume, which can precede further downside. 4. Resistance Zone: · MA(7) and MA(99) above price act as resistance. A failure to break above these levels could lead to continued downward movement. #zrcusdt #zrcusdttrading #binance #BinanceHODLerBREV #StrategyBTCPurchase
$ZRC Based on the provided trading data, here is an assessment for a SHORT position on ZRCUSDT:

Key Reasons to Consider SHORT:

1. Price vs. Moving Averages:
· Last price (0.003330) is below MA(7): 0.003425 and MA(99): 0.003651, indicating bearish momentum in short and long-term trends.
· Price is only slightly above MA(25): 0.003242, but the overall trend appears weak.
2. Recent Price Decline:
· The price has dropped from recent highs (0.003384 → 0.003330), showing selling pressure.
· The 24h high (0.003884) is significantly higher than the current price, suggesting a rejection and potential reversal.
3. Volume Analysis:
· Current Vol: 287.4M is below MA(5): 579.5M and MA(10): 612.8M, indicating declining volume, which can precede further downside.
4. Resistance Zone:
· MA(7) and MA(99) above price act as resistance. A failure to break above these levels could lead to continued downward movement.
#zrcusdt #zrcusdttrading #binance #BinanceHODLerBREV #StrategyBTCPurchase
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number