ZRX on the Brink: Will Support Hold or Trigger a Further Decline?

The 0x Protocol (ZRX) token is facing critical support levels at $0.13-$0.20. These zones have historically served as accumulation points for long-term investors, but recent technical analysis offers conflicting signals about the token’s future trajectory. ZRX currently sits poised between short-term oversold conditions and a potential relief rally. 0x Protocol (ZRX) is experiencing a significant challenge at this pivotal support level. If ZRX fails to hold this critical zone, a substantial decline could follow, targeting $0.08, $0.055, and even $0.035. This price action comes after a strong break of the $0.30 support level in recent times.