$ZORA

ZORAUSDT

Perp

0.04597

-6.12%

is trading with a neutral-to-bullish bias, forming a potential accumulation structure.

Short-Term Insight:

Sideways movement with sudden impulsive candles likely — ideal for range traders.

Long-Term Insight:

Macro outlook remains positive if price maintains above structural support.

Key Levels:

Support: S1 (base support), S2 (HTF demand)

Resistance: R1 (range resistance), R2 (trend breakout)

Future Projection:

Once ZORA flips R1 into support, a mid-term uptrend can unfold. Losing S1 would signal extended consolidation.