$ZRO has made a strong impulsive move, after a clean breakout the price is now trading inside a major supply zone around the 2.50 area. This upper yellow zone shows clear resistance where there has been rejection before.
Now the structure is simple:
🔹 Resistance Zone: 2.48 – 2.55
🔹 Mid Support / Demand: 2.20 – 2.25
🔹 EMA200: Providing support from below, the trend is short-term bullish.
If the price cleanly breaks this resistance and holds above 2.55, a continuation move may be possible towards the next liquidity area.
However, if there is a rejection from here, a pullback towards the 2.20 demand zone is expected. That area could provide better risk/reward for fresh long positions.
Momentum is strong, but FOMO entry at resistance is risky.
