📈 $ZORA/USDT – Eyeing a Bounce from 1H Demand Zone? 💥
ZORA is currently trading around $0.0796, down -13% today — but it's sitting right on top of a key 1-hour demand zone (Order Block) that previously triggered a 23% rally. ⚡
🔍 Technical Breakdown:
Price is retesting the 1H OB zone around $0.078–$0.079.
Past bounce from this zone led to a strong breakout.
Strong resistance zone at $0.0983–$0.10, creating a favorable risk-to-reward setup.
📌 Long Idea (If Support Holds):
Entry Zone: $0.079–$0.0785
SL: Below $0.07235
Targets: $0.085 / $0.098–$0.10
⚠️ Watch for bullish confirmation candle on 15m/1H before entering. Breakdown below $0.075 invalidates this setup.
💬 What’s your plan — long or stay out?