ZyVersa Therapeutics confirming recent Trend Reversal

(24/7 MARKET NEWS) – ZyVersa Therapeutics, Inc. (Nasdaq: ZVSA) is a clinical- stage specialty biopharmaceutical company that has been trading as a public listing for about one month. During that time, it has traded mostly lower, however it started to slightly reverse the trend almost two weeks ago and that reversal to the upside gained momentum yesterday.

ZyVersa closed yesterday at $2.52, a 52-cent gain (+26.00%), on volume of 279,379 shares traded and is already at $3.52, up $1.00 (+39.68%), on 250 thousand premarket shares.

Its trading range is $1.38 to $25.00. If it can trade above $4 and maintain strong trading volume, it appears to have minor resistance to as high as the $10 trading level.

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