MARKET ALERT - ZORA/USDT



Technical analysis and ZORA trading opportunities
​1-Day Chart (1D) Analysis

​Trend Structure: ZORA has just bounced from the bottom area at 0.00465 and briefly surged sharply.

​EMA Indicators: The current price (0.00858) is trading above EMA20 (0.00657) and EMA50 (0.00645). This signals an early trend reversal toward a short- to medium-term bullish phase. However, EMA200, far above at 0.01376, represents the main strong resistance.

​Opportunity: If the daily candle manages to hold above EMA20/EMA50, the next upside target is in the 0.01370–0.01400 area.

​1-Hour Chart (1H) Analysis
​Trend Structure: After reaching its peak at 0.01126, the price underwent a fairly sharp correction (retrace).

​EMA Indicators: The price (0.00864) is currently being held right at the EMA50 (0.00842) area, which is acting as support. The price is below EMA20 (0.00891), indicating that local corrective momentum is still ongoing.

​Opportunity: EMA50 on the 1H timeframe can be used for scalping/day trading if there is a sign of a bullish reversal candle.

​Trading Strategy Recommendations

​Long (Buy) Option: Wait for confirmation of a bounce in the 1H EMA50 area (0.00840–0.00850).
The nearest take-profit (TP) target is at 0.00890–0.01000.
Set a tight stop loss (SL) below 0.00820.

​Short (Sell) Option: If the 1H EMA50 breaks downward, the price could slide toward the 1H EMA200 at around 0.00700.

​Remember to always apply risk management with a minimum risk-to-reward ratio of 1:2.

$ZORA
ZORA-11.93%
View Original
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ZORAUSDT
Long
Cross 15X
Return %
-8.63%
Entry Price(USDT)
0.00859
Mark Price(USDT)
0.00859
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AirdropImmune
· an hour ago
The technical analysis is quite detailed, but I’m used to reading the Indonesian guy’s analysis contrarianly 👀 I’ll wait and see whether there’s a bullish reversal on the 1H before making a move.
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ZeroTolerance
· 2 hours ago
Keep a close eye on the EMA50 1H support level. If it breaks, exit immediately; if it holds, wait for a rebound toward 0.009. The risk-reward ratio is decent.
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Satoshi'sGhost
· 2 hours ago
ZORA has doubled from the bottom, but the EMA200 daily resistance is significant. In the short term, watch whether it can reach 0.0137.
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