LayerZero (ZRO/USD) Rebounds to $2.50 Before Facing Bullish Resistance

On June 21, the bearish trend in the LayerZero market bottomed out at the $1.50 level, marking a pivotal turning point as the price shifted upward. Bullish momentum persisted despite encountering resistance along the way, eventually driving the market to a significant hurdle at $2.50.

At that point, market volatility surged, intensifying the resistance and triggering a sharp pullback. The decline ultimately found support at the $1.64 level—a higher low that could serve as a key reference point for traders assessing the next bullish attempt.