Long Trade Setup โ ZRO/USD!๐
๐น Asset: Zero (ZRO/USD)
๐น Timeframe: 30-Minute Chart
๐น Setup Type: Symmetrical Triangle Breakout (Bullish Bias)
๐ Trade Plan (Long Position)
โ
Entry Zone: Around $3.04 (Breakout above triangle resistance)
โ
Stop-Loss (SL): Below $2.95 (Support and triangle invalidation)
๐ฏ Take Profit Targets
๐ TP1: $3.13 โ Resistance retest zone
๐ TP2: $3.25 โ Measured move and breakout extension
๐ Risk-Reward Calculation
๐ Risk: $3.04 - $2.95 = $0.09
๐ Reward to TP1: $3.13 - $3.04 = $0.09 โ R/R = 1:1.0
๐ Reward to TP2: $3.25 - $3.04 = $0.21 โ R/R = 1:2.3 โ
๐ Technical Highlights
๐ Symmetrical triangle breakout forming with ascending support
๐ Volume starting to pick up on breakout wick
๐ Higher lows suggest building bullish momentum
๐ Entry confirmation near breakout line = lower risk, higher reward
๐ Execution Strategy
๐ Enter on breakout confirmation above $3.04
๐ SL just under $2.95 for tight protection
๐ฐ Take partials near $3.13, ride to $3.25
๐จ Invalidation Risk
โ Breakdown below $2.95 negates pattern
โ No volume follow-through = re-evaluate entry
๐ Final Take
โ Bullish structure in place
โ Solid R:R setup with trend alignment
โ Let breakout confirm and manage trade with discipline!
ZROUSD trade ideas
$ZRO Daily - Inverse H&S Play (Strong Amid Altcoin CorrCSE:ZRO shows an Inverse Head & Shoulders on the daily, with price now testing the neckline resistance.
Relative Strength: Holding firm while other alts correctโsuggests accumulation.
Breakout Potential: A daily close above resistance
DYOR. Not financial advice.
ZRO to hero or zero?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
As long as it can keep flipping these levels into support, if it gives an impusle down, looking for these levels to play as resistance.
3.12 would be an ideal hold if it retraces.
3.42 area is the next level to beat from here.
Trade Safe!
Trade Clarity!