ZRX has been running for over 30 hours since starting at 0.1283, with a total increase of over 28%. The current price is 0.1668. It seems that the buying pressure is indeed strong, consistently staying above the key level of 0.1555.
From a technical perspective, the upward momentum is still there. However, it’s important to see clearly — there is still some distance from the dynamic support, and there has been a slight pullback from the recent high. The key is the step support at 0.1519; as long as this holds, there’s still a chance for further upward movement. Below, there is a solid support zone between 0.1274 and 0.1315, providing some buffer for the trend.
Although the bullish momentum is still accelerating, signs of consolidation are also quite evident. The next step is to see if it can break through the high-level consolidation — a breakout would continue the upward trend, while a breakdown might lead to a retest of the support area below.
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DecentralizedElder
· 22h ago
0.1519 If we can't hold on, we just have to accept it, but this wave is indeed a bit interesting.
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HalfIsEmpty
· 22h ago
A 28% increase sounds good, but the consolidation feels more and more intense, and it seems to be testing psychological resilience.
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MemeEchoer
· 22h ago
A 28% increase is pretty good, but this consolidation is a bit annoying. It feels like it could plunge at any moment.
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TokenUnlocker
· 22h ago
0.1519 If I can't hold it, I'm selling. Don't talk to me about support levels.
ZRX has been running for over 30 hours since starting at 0.1283, with a total increase of over 28%. The current price is 0.1668. It seems that the buying pressure is indeed strong, consistently staying above the key level of 0.1555.
From a technical perspective, the upward momentum is still there. However, it’s important to see clearly — there is still some distance from the dynamic support, and there has been a slight pullback from the recent high. The key is the step support at 0.1519; as long as this holds, there’s still a chance for further upward movement. Below, there is a solid support zone between 0.1274 and 0.1315, providing some buffer for the trend.
Although the bullish momentum is still accelerating, signs of consolidation are also quite evident. The next step is to see if it can break through the high-level consolidation — a breakout would continue the upward trend, while a breakdown might lead to a retest of the support area below.