Trade Idea: Short $ZORA (round4)

• Entry: around $0.0924

• Stop Loss (SL): +4% (~$0.0961)

• Take Profit (TP):

• TP1: -4% (~$0.0887)

• TP2: -7% (~$0.0860)

• TP3: -9% (~$0.0840)

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Quick Analysis:

• Price is in a downtrend after failing near $0.1119 and making a lower low at $0.0864.

• Current price is below the 20-period moving average and near the middle Bollinger band, showing selling pressure.

• RSI (6,12,24) is weak (~40), not oversold yet → room for more downside.

• MACD is slightly negative, confirming bearish momentum.

• Volume shows strong selling spikes, suggesting sellers are still in control.

📉 Overall bias: Bearish continuation unless price reclaims $0.096–0.097 zone (your stop loss).