ZRX Prepping for a High-Probability Reversal?

[chainsniff]

Hello Undeads! Are you watching another panic phase… or the calm before a powerful expansion?

#ZRXUSDT is currently trading inside a textbook falling wedge, a classic bullish reversal structure. Price has now completed a liquidity sweep into the major support zone around $0.12–$0.125, an area that has historically attracted strong demand.

What strengthens this setup is the clear bullish divergence on the MACD. While the price printed lower lows, momentum failed to follow, indicating a strong signal that bearish pressure is weakening. When bullish divergence aligns with falling wedge compression at major support, the probability of an upside resolution increases significantly.

A decisive breakout above the descending wedge resistance would confirm the bullish scenario. If that happens, the first reaction target lies near the 0.1350 resistance (R). A successful reclaim of this level opens the path toward the strong resistance zone near $0.1700, which aligns with prior supply and volume profile resistance, a natural magnet for price during expansion phases.

On the downside, any sustained close below $0.1167 invalidates the bullish thesis and signals that the market is not ready yet. This level is a non-negotiable structure that always comes first.

Patience here is key. Liquidations clear emotion, structure reveals intent: trade probabilities, not predictions.

[etfs]

textbook falling wedge + bullish divergence = classic setup. breakout above the wedge resistance is the real confirmation.