$ZORA Whales are Supporting Zora as Bullish Reversal Potential Develops 🚀📉
Zora (ZORA) is currently trading at around $0.0755, which represents a gain of about 4.8% from yesterday. The trading activity has increased to around $90 million which reflects some positive sentiment as more people are looking to buy the token.
Whales have continued to accumulate Zora instead of selling. This indicates the whales still hold a bullish outlook on the token's future price as they continue to make the purchase and have expectation for price appreciation.
The chart for Zora has also developed a falling wedge pattern which typically suggests the potential for a strong upwards move. If the fall continues, we could be looking towards the $0.100 mark which represents a potential upside of 35% from current levels. However, if Zora loses any momentum and drops below $0.0665 that would be the likely end of the bullish outlook.
