$ZORA

TECHNICAL ANALYSIS: BEARISH PRESSURE EMERGING

The $ZORA pair is currently showing a downward trend, with the price dropping 3.50% recently. Key levels to watch:

Support levels: 0.0643, 0.0482

Resistance levels: 0.0965, 0.1126, 0.1250

Next Move:

The market appears bearish in the short term, with potential continuation toward the lower support levels if selling pressure persists. A rebound may occur near strong support, but confirmation is needed before any bullish entry.

Risk Management:

Stop Loss (SL): Above 0.1126

Take Profit (TP): 0.0643 → 0.0482

Keep position sizing small due to volatility and potential rapid swings.

Technical Hashtags:

#CryptoAnalysis #BearishTrend #SupportResistance #RiskManagement #OnChainData