$ZORA has taken a sharp 33% dip, sliding to nearly $0.083 (Aug 28) after a strong pullback. But hereâs the twist â while retail panic-sold, whales loaded up big time, boosting their bags from 5.1M â 9.5M ZORA in just 24 hours (đ„ +86%).
This sudden accumulation cuts down circulating supply and signals that a potential comeback might be brewing.
đ Chart Check:
ZORA is currently in a falling wedge formation, which often hints at a bullish reversal. A clean breakout above $0.090 resistance could fuel a rally toward $0.11 (Fib level) and maybe even retest the $0.145 peak.
â ïž Still, caution is keyâmomentum indicators remain mixed, and heavy selling pressure hasnât fully cooled off yet.
đ Whales are betting on a rebound. Are you?
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