【$ZRO Signal】Long | Healthy Consolidation After Short Squeeze

$ZRO After a single-day surge of 19%, it is consolidating at a high level above the previous resistance zone (2.3-2.4). This is a typical healthy reset after a short squeeze, not a top.

🎯Direction: Long

🎯Entry: 2.280 - 2.300

🛑Stop Loss: 2.180 (Break below the previous 4H low of 2.2673, rigid stop loss)

🚀Target 1: 2.450

🚀Target 2: 2.600

Market Analysis: After a volume breakout on the 4-hour chart, the price is consolidating strongly above the EMA20 (1.9040). Key data reveals the essence of the short squeeze: funding rate -0.0430% (shorts paying), open interest stable, but price soaring—typical short liquidation scenario.

Core Logic: Depth imbalance of -7.67% indicates sell orders piling up, yet the price refuses to fall. This shows the main force actively absorbing selling pressure above key resistance zones. RSI (72.35) is high, but in a short squeeze environment, it’s not a reason to short. ATR (0.1679) indicates increased volatility, so stop loss should have enough room.

The current structure is a flag pattern after a breakout. As long as the price holds above the previous breakout zone (around 2.26-2.28) and maintains a negative funding rate, the short squeeze momentum is likely to continue. Risk-reward ratio >2.5, fitting a high-probability model.

Trade here 👇 $ZRO

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