ZRO/USDT at a Critical Zone — Falling Wedge Trigger a Reversal?

Wait 5 sec.

ZRO/USDT at a Critical Zone — Falling Wedge Trigger a Reversal?ZRO / TetherUSBINANCE:ZROUSDTCryptoNuclearZRO/USDT on the 3D timeframe is still trading within a medium-term downtrend, however selling pressure is gradually weakening. Price is currently moving near a major support zone while forming a tightening price structure. From a technical perspective, this condition opens the possibility for a trend reversal or relief rally, provided a valid breakout occurs. --- Pattern & Price Structure A Falling Wedge pattern is clearly formed, characterized by: Descending lower highs with decreasing slope Lower lows converging into a narrowing range This pattern is considered a bullish reversal pattern once price breaks above the upper resistance line. Price is now approaching the apex of the wedge, a zone where directional expansion commonly occurs. --- Key Levels Support: 1.30 – 1.35 (lower wedge support / main demand zone) A breakdown below this area may trigger further downside continuation Resistance: 1.80 (minor resistance & upper wedge trendline) 2.40 (strong resistance / previous reaction level) 3.00 (key psychological resistance) 5.00 (major resistance & supply zone) 6.75 – 7.56 (previous high / major distribution area) --- Bullish Scenario Price successfully breaks and closes above the Falling Wedge resistance Ideal confirmation: a 3D candle close above 1.80 Potential upside targets: 2.40 3.00 5.00 Bullish momentum will strengthen if supported by increasing volume Market structure shifts from lower highs to higher highs Bullish Conclusion: A confirmed breakout from the Falling Wedge may signal the beginning of a medium-term trend reversal. --- Bearish Scenario Price fails to break resistance and gets rejected near the upper wedge A valid breakdown occurs if a 3D candle closes below 1.30 Potential downside targets: 1.05 0.85 Bearish structure remains intact with continued lower highs and lower lows Bearish Conclusion: As long as price remains below wedge resistance, downtrend continuation risk remains present. --- Final Conclusion ZRO/USDT is trading at a critical decision zone. The Falling Wedge formation suggests an early reversal signal, but confirmation through a valid breakout is essential. Traders are advised to wait for candle close confirmation before making decisions. #ZROUSDT #ZRO #CryptoAnalysis #Altcoin #FallingWedge #BullishReversal #BearishScenario #TechnicalAnalysis #CryptoTrading