$ZORA TF 1H
In the medium term, ZORA is still in a bearish trend phase, marked by lower highs and dominant selling pressure. In the short term, the price has not yet been able to break through the upper resistance level, which has repeatedly become a rejection area.
After rejection at R1 and R2, there is a chance that the price will retrace and test the support area in the green zone again. This movement can be utilized to find a more precise entry, especially if a price reaction pattern such as a rejection wick or small bullish structure appears.
The scenario remains the same:
Green zone → buy opportunity upon confirmation.
Red zone → sell area or caution area if the price fails to break out.
📌 Always use risk management, as the larger structure is still bearish and movements can be volatile.
