$ZORA

- Over the last 24 hours, ZORA has increased by 4% following a general recovery in the cryptocurrency market.

- Technical indicators, including MACD and a low ratio of long to short positions, suggest a waning bullish momentum.

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ZORA encounters resistance at the level of $0.06802 with the potential to retrace to $0.05666 or further rise to $0.08431.

$ZORA has stopped at the resistance level.

At the time of publication, ZORA is trading at $0.0614, just below the resistance level formed at $0.06802. If the 'bears' strengthen their control and buying volumes decrease, the token may face a rise to the support level at $0.05666.