$ZRO trading near 2.11 after sharp rejection from 2.58 high. Structure on 15m timeframe shows a clear downtrend with lower highs and lower lows, but short-term relief bounce forming from 2.05.
Momentum is attempting recovery.
Key Levels
Resistance:
2.15
2.26
2.38
Support:
2.05
2.00 (psychological)
RSI around 50 — neutral zone.
MACD showing early bullish crossover attempt, but still weak overall structure.
Short Setup (trend continuation if 2.15 rejects)
EP: 2.14 – 2.18
TP1: 2.08
TP2: 2.05
TP3: 1.98
SL: 2.26
Long Setup (if 2.05 holds and structure shifts)
EP: 2.06 – 2.10
TP1: 2.15
TP2: 2.26
TP3: 2.38
SL: 1.98
