🚨 $ZORA might be running out of steam… 👀
After that strong push up, price is now sitting right inside a major resistance zone. This kind of move usually attracts breakout buyers… and that’s often where smart money starts taking profits.
🧠 Quick look at the charts:
• 4H: Price hitting a strong supply area around 0.0189.
• 1H: Liquidity above 0.01878 already got swept.
• 15M: Momentum slowing down near the highs.
⚡ Possible Trade Idea:
• Entry area: 0.01875 – 0.01885
• Stop loss: 0.01915
• TP1: 0.01820
• TP2: 0.01780
💭 The idea here is simple: after sweeping the highs, price often pulls back to fill the imbalance zones below.
⚠️ Just be careful:
Crypto loves doing quick fake breakouts, so a small wick above 0.0189 wouldn’t be surprising before any real drop.
Let’s see how $ZORA reacts around this area. 👀
Trade$ZORA
