ZRO: Altcoin hero?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
ZRO is worth keeping on the radar. Out of most altcoins it arguably has the cleanest setup for a potential bullish reversal—at least structurally.
While it could be done here, I’m leaning on the idea that the Y wave still needs one more leg down. That’s typically the behavior we see: Y waves tend to be slower and more drawn out compared to the W wave. If that holds true again, the ideal target zone falls between $2.12 and $1.88. That would allow for a proper test of structure while staying within the bounds of the larger corrective patterns most likely target.
This is still a bullish interpretation—but only after one more low and a meaningful reaction from it.
That said, both the bull and bear counts are pointing down in the near-term. My personal invalidation sits above the (c) wave high. If ZRO clears that, this setup likely needs to be re-evaluated. Until then, any move beyond the orthodox end of wave A of the Y leg should be considered “enough” from a pattern swing perspective.
Patience here could pay off—especially if price enters the key zone and shows strength.
Trade safe, trade smart, trade clarity.
