Markets· ★★· bearish·

ZRO drops 7.19% to $2.00 on volume 50% above average

  • —ZRO trades near $2.00 with a market cap of about $799 million
  • —Daily volume of $156.4 million versus a 30-day average of $104.1 million
  • —Price sits below the $2.07 VWAP but above the $1.98 SMA-7 and $1.94 SMA-10
  • —RSI at 64.2 and positive MACD amid 146.5% annualized volatility
Why it matters: The catalyst-free drop on elevated volume may signal profit-taking after a 75.8% monthly gain; the $1.98 level is the key support to watch.
Source: DiarioBitcoin