ZORA.usd eyes on 6 cents: Golden Genesis fib a TOP or RELOAD? ZORA has been flying since Coinbase integration.
Currently range bound by Goldens at 4 and 6 cents.
Look for a Rejection-Short or Break-n-Retest for longs.
ZORAUSD trade ideas
ZORA Weakens as Sellers Take the LeadZORA is showing signs of bearish momentum, as the Balance of Power (BoP) indicator has flipped negative.
This shift indicates a clear drop in buying pressure, signaling that bulls are beginning to lose their grip on the market. At press time, the momentum indicator stands at -0.74, reinforcing the bearish sentiment.
With sellers gradually taking control, the path of least resistance appears to be to the downside. Traders should exercise caution and watch for further confirmation of a sustained downtrend.
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