ZRXUSDT is currently testing a key level on the dynamic support and a static daily support at the 0.23$ area. Traders need to be cautious and wait for a clear reaction from this level before making any trades, as the volume at this level is currently low.
A breakout above the previous high at the 0.25$ area would confirm the bullish trend and signal further upward momentum. In order to confirm this breakout, it is important to wait for increased volume and a clear confirmation according to Plancton’s rules. If the price confirms the breakout, traders may consider opening a new long position, as this would indicate a continuation of the bullish trend.
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Follow the Shrimp 🦐
Keep in mind.
A breakout above the previous high at the 0.25$ area would confirm the bullish trend and signal further upward momentum. In order to confirm this breakout, it is important to wait for increased volume and a clear confirmation according to Plancton’s rules. If the price confirms the breakout, traders may consider opening a new long position, as this would indicate a continuation of the bullish trend.
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Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
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still waiting for the breakout
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Waiting for the breakout
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10% so far