$ZRO — First Target Hit, Profits Locked In!

$ZRO — Distribution at Resistance, Bearish Imbalance Building ⚠️

Short $ZRO

• Entry: 2.48 – 2.55
• Stop Loss: 2.6143

Targets:
• TP1: 2.1800
• TP2: 2.0100
• TP3: 1.8300
• TP4 (Extension): 1.7000

$ZRO is showing clear signs of distribution near swing high resistance. Multiple bullish candles are printing with strong upper wicks, indicating aggressive seller absorption at higher levels. This type of price action often signals weakening buying pressure and a shift in short-term imbalance to the downside.

Despite attempts to push higher, price is failing to sustain breakouts above resistance, suggesting liquidity grabs rather than genuine continuation. The rejection structure around this zone increases the probability of a corrective move.

As long as price remains below 2.6143, bearish structure remains valid. A breakdown below minor intraday support can accelerate momentum toward 2.18 first, followed by deeper liquidity targets at 2.01 and 1.83.

This is a resistance-based rejection setup — not a breakdown chase. Proper risk management is essential.

⚠️ Use controlled leverage (max 10x) and manage position sizing carefully.
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