$ZORA ZORA/USDT 4H – Falling Wedge Formation Awaiting Breakout

ZORA is currently trading near the $0.063 zone, attempting to break out from a falling wedge pattern that has been forming since the late July peak. Price is consolidating within the wedge and holding above key support at $0.058–0.062, showing buying interest around that demand zone. A successful breakout above the descending trendline and a 4H candle close above $0.065 could confirm bullish momentum, potentially leading toward a fresh leg up. However, rejection from the upper wedge resistance may lead to another retest of the support area. Keep a close eye on volume and price action near the wedge breakout line.