🚀 $ZRO /USDT Update — Parabolic Move in Progress! 📈
LayerZero ($ZRO) is currently the star of the market, trading at $2.488 with a massive +40% gain today. The price has successfully cleared all major resistance levels on the 4-hour chart, supported by a huge spike in buying volume.
📊 Technical Analysis:
Trend: Extremely Bullish. The price is trending sharply above the MA(7) ($2.110) and MA(25) ($1.845).
Volume: 24h Volume for ZRO has reached 38.20M, showing strong institutional and retail interest.
Momentum: After a long accumulation, ZRO has broken out of its previous range, hitting a local high of $2.590.
📌 Key Levels:
Immediate Support: $2.38
Strong Support: $2.11 (MA 7)
Resistance: $2.59 (Recent Peak)
🎯 Trade Plan:
Entry Strategy: Avoid buying at the absolute top. Look for entries on a pullback/dip towards the $2.30 - $2.20 zone.
Short-term TP: $2.65 ➔ $2.80
Long-term TP: $3.00+
Stop Loss (SL): Below $2.10
Caution: When a coin pumps this fast, a temporary "cooling off" or correction is normal. Always use a Stop Loss to protect your capital! 🛡️