ZRX/USDT showing a bounce and potential back to upward move!

💎 The recent market dynamics surrounding #ZRX have indeed been quite notable. Currently, ZRX is bouncing from the Bullish OB and is poised to test the resistance of the descending channel.

💎 If successful in breaking the pattern, the next challenge will be to breach the key resistance area at 0.618.

💎 This level is crucial for confirming a bullish reversal, and ZRX must surpass it to signal a return to bullish sentiment. If achieved, the price may target a test of the strong resistance area.

💎 However, if ZRX fails to break above the 0.618 resistance level and faces rejection, it could lead to a downward movement, potentially retracing to test the Bullish OB for new momentum.

💎 It's essential to monitor ZRX's behavior at the Bullish OB level. A successful bounce from this level would reinforce bullish momentum. Conversely, a failure to bounce, or a breakdown below the OB area, could signify a bearish trend continuation, resulting in further downward movement.

MyCryptoParadise
iFeel the success🌴