$ZORA USDT TECHNICAL ANALYSIS – BULLISH SETUP

$ZORA USDT shows signs of a bullish continuation after recent consolidation near strong support levels. The pair has formed higher lows, indicating buying pressure is building up. A break above the immediate resistance could trigger a strong upward move.

Trade Setup:

Long Entry: Above 0.05350

Target 1 (TP1): 0.05550

Target 2 (TP2): 0.05700

Stop Loss (SL): 0.05200

Technical Outlook:

The 24h high and low range suggests a potential breakout scenario.

Increased volume on recent bullish candles supports upward momentum.

Key support at 0.05200 must hold to maintain bullish bias.

Risk Management:

Risk no more than 2-3% of your trading capital per trade. Adjust position size according to stop loss distance to control risk effectively.

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