đTechnical analysis $ZRO /USDT â 15min/1h timeframe
Current price â 1.9964 USDT -16.56% drop, sharp decline from ~2.58 highs, accelerating downside with red candles.
Price action & Bollinger Bands: Price near lower BB (UP ~2.2712, MB ~2.1093, DN ~1.9474). Bands expanded on down move, price hugging lower band â oversold extension, potential short-term bounce/consolidation.
Volumes: Current ~2.20M, MA(5) ~5.52M, MA(10) ~6.32M â volume spike on recent red candles (selling pressure), now elevated on downside. Watch for dry-up on dips or surge on green.
Key indicators:
âą MACD: Strongly negative (DIF -0.0436, DEA -0.0227, MACD -0.0208), histogram bearish â momentum down.
âą RSI(6/12/24): 38.51 / 41.01 / 45.38 â approaching oversold (RSI6 <40), exhaustion/bounce signal possible.
Downtrend with oversold conditions + lower BB hug suggest short-term bounce likely before next leg down.

đą Long (moderate-high risk) Entry: 1.98â2.00 (current or dip to DN) TP1: 2.05â2.10 TP2: 2.15â2.20 SL: 1.94â1.96 R/R: ~1:3+ Comment: Good if RSI bounce + volume on green. Oversold favors reversal/scalp.
đŽ Short (moderate risk) Entry: 2.08â2.10 (fade at MB) TP1: 1.98â1.95 TP2: 1.90â1.85 SL: 2.14+ R/R: ~1:3+ Comment: Strong if rejection at resistance + MACD down. Trend-aligned.
â ïž Most likely scenario now Short-term bounce/consolidation from oversold levels (RSI approaching 35â40) towards MB (~2.10) or slightly higher. Then possible continuation lower if no strong volume reversal. Shorts have structural edge in downtrend; longs only on clear bounce signals. High vol â tight risk, watch RSI/volume closely.