ZRO Bearish Analysis Feb 24
The post ZRO Bearish Analysis Feb 24 appeared on BitcoinEthereumNews.com.
ZRO has retreated to the 1.50 dollar level with a sharp 6.25% drop on the daily chart, and if the critical support around 1.47 dollars is tested, deeper losses may come into play; bearish momentum indicators are not giving recovery signals. Market Outlook and Current Situation ZRO is trading at the 1.50 dollar level with a 6.25% loss in the last 24 hours and is stuck in the 1.47-1.62 dollar range on the daily chart. Volume has declined to 60.90 million dollars, supporting the drop and indicating that altcoins are under pressure in the general market downtrend. This level continues to remain below the short-term EMA20 (1.68 dollars), and the Supertrend indicator is giving a bearish signal, marking 2.15 dollars as resistance. ZRO’s current position is under clear selling pressure rather than a consolidation phase reflecting the volatility of recent weeks; investors are affected by the general altcoin weakness triggered by BTC’s 4.65% drop. Multi-timeframe (MTF) analysis identifies a total of 15 strong levels across 1D, 3D, and 1W charts: 3 supports/3 resistances on 1D, 2 supports/1 resistance on 3D, and 3 supports/3 resistances confluence on 1W. These confluences emphasize that ZRO’s trend strength is weakening and the risk of a downward breakout is increasing. The decrease in volume shows that buyers are not stepping in, while similar pressure is observed in ZRO spot analyses. The market is focused on technical levels in an environment with calm news flow. The daily trend is confirmed as downtrend; the price failed to hold above EMA20, reinforcing the short-term bearish outlook. As ZRO’s 24-hour range narrows, the volatility drop may signal calm before a potential explosion, but current data highlights the downward scenario. Technical Analysis: Levels to Watch Support Zones The strongest support is at the 1.4732 dollar level (score: 85/100), this region—being…
Filed under: News - @ February 24, 2026 12:29 pm