$ZORA is trading at $0.045806, showing a 3.24 percent pullback on the session as short term pressure continues to weigh on price. The project still holds strong fundamentals with a market cap of $204.75 million, FDV at $458.06 million, and a massive 1.05 million on chain holders, highlighting broad distribution and strong community reach. On chain liquidity remains healthy at $21.57 million, providing stability despite the current dip.
On the 15 minute chart, ZORA recently bounced from the local low near $0.04473, forming a short term recovery attempt. However, price is still trading below MA7 (0.04583) and MA25 (0.04585), while MA99 at 0.04729 sits overhead as a key resistance zone. This structure shows that sellers are still in control, but downside momentum is slowing. Volume has cooled significantly, suggesting panic selling is fading and the market is entering a consolidation phase.
Immediate support lies between $0.04470 and $0.04450. As long as this zone holds, price may attempt another push higher. On the upside, $0.04650 to $0.04730 remains the major resistance range. A clean break above MA99 could flip momentum back in favor of bulls and open the door for a stronger recovery.
Overall, ZORA is in a critical balance zone where patience matters. The trend is still corrective, but strong holder count, solid liquidity, and slowing sell pressure hint that the next decisive move is getting closer.
