LayerZero’s native token (ZRO) is gaining attention as it surged 20% today, extending the rally over 42% this week. Despite ongoing token unlock concerns, buyers stepped in aggressively and lifted the ZRO price beyond the $2 hurdle. The rally appears to be fueled by a combination of whale accumulation, rising open interest, and a clean breakout.
The broader chart structure now shows a shift from lower highs into higher highs and higher lows, confirming a transition from bearish consolidation into bullish expansion. With the former resistance now acting as support, the key demand area sits around $1.90–$2.00.
As long as ZRO price holds above this region, the bullish structure remains intact. On the upside, the next major liquidity zone appears near $2.70, followed by a higher expansion region around $3.30–$3.60, which aligns with the measured move of the breakout pattern. Beyond that level, historical supply thins out, placing ZRO into a low-resistance price discovery range.
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