LayerZero Post-Listing Power: Retest Accumulation & Bullish Breakout
$ZRO looks pretty decent after the listing compared to the charts of tokens that were added to exchanges at the same time!
Technically, we've reached the Initiation Accumulation Distribution phase up to the last accumulation zone! But it's always profitable to start DCA here.
Invalidation of the idea if the price goes below the listing price!
Locally, I ideally expect a retest of the accumulation zone followed by an upward movement to the resistance block and a structure break on the daily timeframe!
The next targets will be the monthly imbalance and the opening of 2025!
Upon reaching these targets, it will be relevant to update the idea!
Take indicator line on the daily timeframe is currently at 2.27
The lines are dynamic, so set notifications and track them
