ZORA Bulls Charge: $0.1495 Breakout Could Spark Explosive Rally

ZORA's technical setup screams bullish as traders eye a decisive move above $0.1495—a level that could send the token into price-discovery mode. Here's why the charts look primed for continuation.

The breakout playbook

Market structure flipped bullish after ZORA cleared multiple resistance levels with conviction. Now, liquidity pools cluster just above the $0.1495 threshold like Wall Street bonuses in a bull market—ripe for the taking.

Volume tells the real story

Spot and derivatives activity suggests institutional players are building positions while retail still hesitates. Classic FOMO fuel when the breakout hits.

Watch these levels

A clean close above $0.1495 opens the path toward untested territory. But beware—crypto's favorite game remains 'fakeout followed by violent liquidation.' Just ask the leveraged longs from last quarter's 'sure thing' trade.

• ZORA gained 12.85% in 24 hours and 15.59% over the past week.
• Price trades at $0.1080, with daily volume up 23.29% to $130.01 million.
• Technical indicators show bullish momentum, though MACD hints at consolidation.
• Open interest surged 21.93% to $98.13 million, reflecting strong derivatives activity.

ZORA continues to perform strongly in recent sessions, showing resilience despite broader volatility across the crypto market. The token posted a sharp 15.57% gain over the past 24 hours, bringing its weekly rise to 17.88%.

At the time of writing , ZORA is trading at $0.1097, backed by a robust trading volume of $133.67 million. This represents a 27.89% jump compared with the previous day, and market capitalization stands at $354.97 million.

The daily chart confirms a positive outlook. ZORA has risen 8.70% on the day to $0.1089, moving firmly above the key $0.10575 level. This shift turns resistance into new support, strengthening the current trend.

ZORA Technical Structure Highlights Bullish Bias

ZORA’s technical signals continue to point upward. The token trades well above its 20-day and 50-day simple moving averages, reinforcing the broader bullish setup. Bollinger Bands are expanding moderately, with the price approaching the upper band at $0.13070. This suggests momentum is building without signs of overheating.

There is still an opportunity for the rally to continue because the Relative Strength Index is below the overbought zone at 63.44. However, the MACD shows a minor bearish crossover, hinting at possible short-term cooling. While not a decisive reversal, it signals that traders may see a brief consolidation before the next leg upward.

Key Levels to Watch for Next Breakout

The immediate focus remains on whether ZORA can hold above $0.10575 and its 50-day average NEAR $0.08779. Sustaining these levels keeps the bullish case intact. Upside targets include the upper Bollinger Band and the R2 resistance at $0.1495. A confirmed push above $0.13 could unlock further strength, especially if rising volume accompanies the breakout.

Failure to maintain these supports could invite a pullback, but current technicals favor buyers. The overall setup suggests momentum remains with the bulls unless key levels give way.

Derivatives Market Signals Strong Activity

From Coinglass data, open interest ROSE 21.93% to $98.13 million, which is a sign of new capital inflows. Higher open interest, in conjunction with greater volume, is a sign that traders are positioning for increased volatility.

Meanwhile, the OI-weighted funding rate remains stable at 0.0077%. It suggests balanced leverage, with speculative activity building but not at alarming levels. Such environment sustains the market stability and helps minimize the possibility of sharp liquidation-based swings.

Overall, ZORA is following a bullish trend led by technicals and derivatives demand. While short-term consolidation is possible, the broader trend favors continued gains.