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$ZRO Strong rally to a key resistance level, but overbought indicators and decreasing volume signal a warning.
Go short now $ZRO
Entry: 1.918 – 1.922
Stop Loss: 1.976
Take Profit 1: 1.810
Take Profit 2: 1.782
Take Profit 3: 1.752
Although the price hit a new high, trading volume has significantly shrunk, indicating that upward momentum has peaked. The RSI indicator is in the overbought zone, and buying strength is beginning to weaken. This divergence between price and volume at a key resistance level is a dangerous signal, often indicating strong short-term correction pressure, with sellers potentially taking over the market at any time.
Go short here $ZRO 👇