ZRX is once again at critical support. Any further drop from this point could drive a continuation to the downside all the way back to the lower $0.20 range. There is a ton of overhead resistance between from $0.5 all the way up to the local high at $1.00. My personal strategy is the same as last time. Long with staggered sell orders up to ~$1.00, but prepare for more serious accumulation if the price breaks down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.