ZRO Falls 12.59% to $1.66 as Market Watches Token Unlock
- —ZRO at $1.66 versus a $1.90 open and $1.77 prior close
- —Volume of $79.3 million is 41.3% below the $135.1 million 30-day average
- —A possible $42.6 million unlock equals 5.8% of circulating supply
- —Support sits at the 50-day SMA of $1.56 and the $1.58 level
Why it matters: The unlock could add sell pressure, but without a volume expansion the drop does not yet confirm a trend reversal.
Source: DiarioBitcoin