ZRX Just Broke Out… But Is It a Bull Trap Before a Collapse?
Yello Paradisers did you catch that breakout from the falling wedge, or are you about to get faked out like the rest?
💎#ZRX/USDT has finally broken out of its descending resistance after weeks of compression. While this is a promising signal, this move alone is not enough. What really matters now is how price behaves on the retest. We're watching closely for a pullback either into the previous wedge resistance or directly into the key demand zone between $0.205 and $0.215. That area needs to hold if the bulls want to keep momentum on their side.
💎The structure remains valid as long as we stay above the $0.180 level. A break below that zone would completely invalidate this bullish setup and open the door to a deeper drop. On the upside, if buyers step in with volume, the path toward $0.260 and possibly $0.300 becomes much more realistic.
💎This is not the moment to chase. Let retail traders jump in too early our job is to position smartly, not emotionally. Watch the retest, measure the reaction, and act only when the market confirms.
This is where most retail traders get trapped, they chase the move too late or panic-sell too early. Don’t be that trader. Stay focused. Be precise.
MyCryptoParadise
iFeel the success🌴
💎#ZRX/USDT has finally broken out of its descending resistance after weeks of compression. While this is a promising signal, this move alone is not enough. What really matters now is how price behaves on the retest. We're watching closely for a pullback either into the previous wedge resistance or directly into the key demand zone between $0.205 and $0.215. That area needs to hold if the bulls want to keep momentum on their side.
💎The structure remains valid as long as we stay above the $0.180 level. A break below that zone would completely invalidate this bullish setup and open the door to a deeper drop. On the upside, if buyers step in with volume, the path toward $0.260 and possibly $0.300 becomes much more realistic.
💎This is not the moment to chase. Let retail traders jump in too early our job is to position smartly, not emotionally. Watch the retest, measure the reaction, and act only when the market confirms.
This is where most retail traders get trapped, they chase the move too late or panic-sell too early. Don’t be that trader. Stay focused. Be precise.
MyCryptoParadise
iFeel the success🌴
Trade active
💎#ZRXUSDT has been following our analysis delivering a solid 11.13% gain so far, and it’s looking strong!
💎 What’s your take on this development? Could we see another breakout soon? Let us know your thoughts below! 👇
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.