May. 12 at 5:45 PM
$ZSQR — The selloff is starting to lose momentum 👀
Every day the downside pressure appears to weaken.
Volume fading.
Panic fading.
Momentum exhaustion beginning to show on the chart.
Meanwhile, price continues holding near the key
$11.30 area.
That’s often how reversals begin:
→ selling exhausts itself
→ attention disappears
→ structure slowly stabilizes
The Technicals:
✅ Selling pressure weakening
✅ Bears struggling to create major new lows
✅ TTM downside momentum fading
✅ Oversold conditions still in play
✅ Risk/reward improving near support
If buyers reclaim:
-->
$12.20
then momentum attention could return quickly.
And if trend recovery follows, the
$13.50 zone comes back into focus again.
Most traders only notice names after major rebounds already happen.
Early positioning is usually the uncomfortable part.
Disclaimer: https://docs.google.com/document/d/e/2PACX-1vQJp56qm6HG5nWsDOsa0oGXk1jzhXYcdggRMhkgLeV7RlNENG-v_ghfgbVFz4kVAVAPQz7J1pn4rnTx/pub
