$ZORA USDT 1D – Trying to Base After Selloff
🟢 Long Entry Zone: 0.0480 – 0.0495
🎯 Target 1: 0.0550 – 0.0570
🎯 Target 2: 0.0630 – 0.0660
🎯 Aggressive Target 3: 0.0700 – 0.0730
🛡️ Stop Loss: 0.0455 – 0.0462
$ZORA USDT is trading around 0.0515 on the daily chart after grinding down from the 0.07+ zone and printing a local low near 0.0428, with today’s candle pushing back above the 7‑EMA and testing the 25‑EMA while external price feeds still show Zora trading roughly around 0.046–0.05 with declining 30‑day performance, reflecting a broader corrective phase after a huge summer run. As long as daily closes hold above the 0.0480–0.0495 demand zone and the 0.0455–0.0462 invalidation band is not lost, dips into the entry area can be treated as cautious mean‑reversion longs toward the upside targets, but given ZORA’s high leverage availability and recent negative momentum, traders should size smaller, be patient with entries, and lock profits quickly on every push into resistance.
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