The prices are falsely rising, but the hole indicators hints to a trap for the late buyers star-news.press/wp
The price of 4 % has increased in the past 24 hours, driven by a slight apostasy in the broader cryptocurrency market.
Although prices are raised today, technical and series readings indicate that this distribution stage is still playing, with the descending feelings still dominates the market.
Steam fades up to Zora
Readings from Zora/USD diagrams reveal a modern negative intersection in the average medium rapprochement index in Zora. This occurs when the MACD (blue) line is broken below the (orange) signal line, a classic downward signal indicating a decline momentum.
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The assets index determines the trends and momentum in price movement. Traders help to discover signs or sell potential signals through the transmission processes between MacDs.
When the MACD line is higher than the signal line, it indicates the bullish momentum, indicating that the price of the original may continue to rise.
On the other hand, when the MACD line sits below the signal line and falls towards the zero mark – as is currently with Zora – it indicates a bullish momentum and a potential transformation towards the landfill control.
Moreover, the feelings between a false future are not different. This is reflected in its long/short percentage, which is located at a level of less than 14 days from 0.92.
The long/short scale measures the proportion of long bets to short bets in the futures market for assets. A higher percentage of one indicates long situations of short situations. This indicates the presence of upward feelings, as most traders expect the value of the original.
On the other hand, a long/short percentage of less than 1 means that more traders are betting on the price of the original to a decrease of what is expected to rise.
Therefore, the current/short/short/short ratio indicates that most merchants are increasingly preparing to correct rather than pay to higher levels.
Zora kiosks in resistance – merchants for sharp action
At the time of the press, Zora trades at $ 0.06799, and rests slightly less than the resistance formed at $ 0.06802. If the bears are strengthened and purchased, the distinctive symbol may witness clouds towards the support floor at $ 0.05666.
However, if the accumulation grows and violates Zora $ 0.6802, it may extend its gains to $ 0.08431.
The post -Zora price rises, but the homosexuality indicators hints to a trap of late buyers first appeared on Beincrypto.
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2025-08-05 22:00:00
