$ZORA

Analysis of the ZORA asset

Current price: $0.019907 (-9.16%)

Market capitalization: ~$69.68M

FDV: ~$199.07M

Liquidity: $136,099

Holders: ~306,495

Technical picture (TF 4h):

Trend: Clearly defined downward impulse since listing (sharp drop from $0.046 to $0.0185).

SAR: The SAR indicator above the price — a signal to continue the bearish trend.

MA5 and MA10: MA5 significantly lower than MA10 — confirmation of the downward trend.

Volume: Trading volumes are decreasing, indicating a lack of strong interest from buyers.

OBV (On-Balance Volume): Strong collapse of OBV — capitulation of participants, selling pressure remains.

Key levels:

Support: ~$0.0185

Resistance: ~$0.0217 → ~$0.0283

Conclusion from Cryptousdua:

The asset is currently under strong selling pressure.

Until the price consolidates above $0.0217 on the 4h or 1d TF — buying is risky.

An additional correction to the $0.015–$0.018 zone is possible before a reversal or consolidation.

Need to monitor OBV: if volumes continue to decline — the asset will remain under pressure.