ZEREBRO is currently consolidating inside a symmetrical triangle pattern on the 1-hour timeframe after a massive impulsive move to the upside. The price has been forming higher lows while facing consistent resistance from the descending trendline, showing clear compression in volatility — a typical sign of an upcoming breakout.
The structure suggests that bulls are gradually gaining strength, supported by multiple retests of the EMA cluster (50/100/200) acting as dynamic support. Volume has been decreasing during consolidation, which often precedes a strong breakout.
If price breaks and closes above the triangle resistance with increased volume, it could trigger a sharp move toward the $0.10–$0.30 target zone, aligning with the measured move projection of the triangle pattern.
Cheers
Hexa.
The structure suggests that bulls are gradually gaining strength, supported by multiple retests of the EMA cluster (50/100/200) acting as dynamic support. Volume has been decreasing during consolidation, which often precedes a strong breakout.
If price breaks and closes above the triangle resistance with increased volume, it could trigger a sharp move toward the $0.10–$0.30 target zone, aligning with the measured move projection of the triangle pattern.
Cheers
Hexa.
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🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
