🚀 $ZORA Strong Uptrend Setup (30m Chart)
Explosive breakout from the 0.021–0.026 consolidation range with clear bullish structure:
✅ Classic bull flag before breakout
✅ Multiple large bullish candles + rising volume
✅ Price holding strength around 0.039 after tapping 0.042 high
✅ Negative funding (-1.6%) → potential short squeeze fuel
Although slightly overbought, strong capital inflows and volume confirmation suggest momentum may continue toward higher resistance.
📌 Trade Plan
🔹 Entry: 0.037–0.038 (minor pullback)
🔹 Stop Loss: 0.035 (~3.5% risk)
🔹 Targets: 0.042–0.046
Momentum + squeeze setup = upside potential still in play.
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✅ Clean & Professional
Price rejection at 0.042 signals possible resistance, forming a potential double-top structure.
📊 Technical/Analyst Style
Strong rejection at 0.042 highlights key resistance, with price action shaping a potential double-top pattern — watch for either breakdown or breakout confirmation.
⚡ Short & Crypto-Twitter Style
Hard rejection at 0.042 👀
Possible double top forming — key level to watch.
🔥 Slightly Engaging/Trading Post Style
Rejected again at 0.042 — resistance holding strong.
A potential double top could be forming, so this level becomes critical for the next move.
#zora #ZORAUSDT