#ZRO has been moving inside a long-term Descending Channel, characterized by a series of lower highs and lower lows.
🔴 The upper red trendline acts as dynamic resistance, repeatedly rejecting price during previous rallies.
🟡 The lower yellow trendline functions as dynamic support and represents the lower boundary of the channel.
📉 As long as price remains inside this structure, the dominant trend remains bearish.
However, price is now approaching a critical resistance area around 1.225 USDT. A decisive breakout above the upper channel resistance could represent a significant change in market structure.
Keep monitoring this coin, And if the price manages to break the resistance line of this pattern, this will be a new Bullish signal for this coin.
The short-term target is at least 20%+ after successfully breaking out of this resistance line.
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