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

$ZRO After a single-day surge of 27%, it is now consolidating healthily above the key support zone of 2.27-2.30. The 4-hour chart shows that after breaking the previous high (2.184), the price pulled back to confirm support, which is a typical breakout-retest pattern.

🎯Direction: Long

🎯Entry: 2.270 - 2.285

🛑Stop Loss: 2.200 (Break below previous low 2.206 and EMA20 support, invalidating the logic)

🚀Target 1: 2.460 (Previous high resistance)

🚀Target 2: 2.590 (Fibonacci 1.618 extension level)

Core logic: This is a typical short squeeze market, not just a simple pump and dump. Key evidence: 1) Funding rate at -0.0178%, negative, indicating shorts are still paying fees, fueling the squeeze; 2) Open interest (OI) remains at a high level, showing shorts haven't exited en masse and longs haven't taken profits, supporting trend continuation; 3) Price remains above EMA20 (2.018), indicating a healthy trend structure.

Currently, the 4-hour candlestick consolidates with reduced volume after the surge, with buy/sell ratio stable around 0.5, showing limited selling pressure. Depth chart shows bids significantly thicker than asks, indicating institutional support at key levels. RSI (64) has pulled back from overbought territory, preparing for the next upward move.

Risk warning: If the price drops below 2.20 with increased volume, the breakout structure fails, and strict stop-loss is required. Current risk-reward ratio >2.5, offering a clear mathematical advantage.

Trade here 👇 $ZRO

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