Usman Salis
⬤ Zeta Global Holdings Corp. shares have given back all their gains from the OpenAI announcement, returning to price levels seen before that rally began. The stock is now trading around $20 and heading toward a crucial technical zone at $19.52, where multiple support indicators line up.
⬤ Several technical factors are coming together at the $19.52 level, including an important moving average and a Fibonacci retracement point. ZETA has been under pressure after failing to hold higher prices, and traders are watching closely to see if this support area can stop the decline. The chart shows a pattern of lower highs since the recent peak, with downward momentum building as the stock approaches this key zone.
⬤ ZETA saw a sharp rally earlier but has now entered a correction phase, pulling back toward lower price levels. If the $19.52 support breaks, the next major level to watch sits at $17.03. Right now, the stock is still above that lower boundary, so attention remains focused on whether it can stabilize at the current support zone.
⬤ The $19.52 level could determine ZETA's next move in the short term. If the stock holds above this point, it would signal that the pullback might be ending. But if support fails here, the door opens to further losses toward $17.03. With the OpenAI-related excitement now completely gone, how ZETA behaves around $19.52 will likely set the tone for what comes next.
Usman Salis
