đ¨ $ZORA might be running out of steam⌠đ
After that strong push up, price is now sitting right inside a major resistance zone. This kind of move usually attracts breakout buyers⌠and thatâs often where smart money starts taking profits.
đ§ 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 â 0.01885
⢠Stop loss: 0.01915
⢠TP1: 0.01820
⢠TP2: 0.01780
đ The idea here is simple: after sweeping the highs, price often pulls back to fill the imbalance zones below.
â ď¸ Just be careful:
Crypto loves doing quick fake breakouts, so a small wick above 0.0189 wouldnât be surprising before any real drop.
Letâs see how $ZORA reacts around this area. đ
Trade$ZORA
