ZEUS Technical Analysis in an 8-hour Timeframe

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Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

ZEUS is one of the underrated projects that has been quietly gaining momentum. In July 2024, ZEUS hit its all-time low of $0.1378, followed by a 150% rally.

Currently, ZEUS is trending within a symmetrical triangle, and it will be interesting to see if a rally breaks above the resistance trendline. Conversely, a rejection could likely push the price down to the support trendline near $0.162 (A decent accumulation range).

Key levels:

- Primary Resistance: $0.21.
- Primary Support: 50 EMA.
- Initial Target: $0.34.
- Lower Support: $0.162.

DYOR, NFA.

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