ZORA/USDT: Is a new impulse preparing?
After a strong wave of growth to the local high of 0,009786 (+33%), the pair $ZORA moved into a controlled pullback. The price is now consolidating neatly around EMA21 support (0,008676).
The indicators have finished cooling off: StochRSI dropped to the very bottom (0,00) and signals strong oversold conditions, while the regular RSI maintains a bullish structure. It looks like buyers are preparing to defend the current levels and resume the trend.
Main scenario: Long (Buying the dip)
➡️ Entry points:
Aggressive: 0,00870 – 0,00871 (at current prices in the EMA21 zone, expecting a quick rebound).
Conservative: 0,00835 – 0,00840 (in case of a deeper drop to EMA50 support).
🎯 Take-profit targets:
Target 1: 0,00915 (+5,1% from current) — local resistance level.
Target 2: 0,00975 (+12,0% from current) — retest of the previous high.
Target 3: 0,01040 (+19,5% from current) — new highs and a move to the psychological level.
⛔️ Stop-loss: 0,00800 (below the strong EMA99 support and the local low).
Trading 👉$ZORA
After a strong wave of growth to the local high of 0,009786 (+33%), the pair $ZORA moved into a controlled pullback. The price is now consolidating neatly around EMA21 support (0,008676).
The indicators have finished cooling off: StochRSI dropped to the very bottom (0,00) and signals strong oversold conditions, while the regular RSI maintains a bullish structure. It looks like buyers are preparing to defend the current levels and resume the trend.
Main scenario: Long (Buying the dip)
➡️ Entry points:
Aggressive: 0,00870 – 0,00871 (at current prices in the EMA21 zone, expecting a quick rebound).
Conservative: 0,00835 – 0,00840 (in case of a deeper drop to EMA50 support).
🎯 Take-profit targets:
Target 1: 0,00915 (+5,1% from current) — local resistance level.
Target 2: 0,00975 (+12,0% from current) — retest of the previous high.
Target 3: 0,01040 (+19,5% from current) — new highs and a move to the psychological level.
⛔️ Stop-loss: 0,00800 (below the strong EMA99 support and the local low).
Trading 👉$ZORA
