​$ZRO Short Setup: Fading the Pump 📉

​After an aggressive rally exceeding 39%, $ZRO is showing signs of distribution and an impending correction. Here is the technical breakdown for this short setup:

​Trade Type: Short

​Entry Range: $2.5 – $2.47

​Take Profit Targets: $2.25 | $2.2 | $2.0 | $1.8 | $1.6

​Stop Loss: $2.7

​Rationale:

Price is hitting significant resistance following a parabolic move. The strategy aims to capture the mean reversion toward previous support levels as momentum stalls.

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ZRO
ZRO
1.854
-15.07%