LayerZero ($ZRO) Breakout Likely After Accumulation

[Chawla Solutions]

LayerZero ($ZRO), one of the newer but increasingly prominent altcoins, is showing encouraging signs of bullish momentum. Unlike its peers like ZK or STRK that experienced heavy sell-offs, $ZRO has maintained relative stability—forming a well-defined accumulation range on the daily timeframe.

Accumulation Phase in Progress
The chart reveals a horizontal channel between ~$1.60 and ~$3.25, acting as long-term support and resistance. Over the past several months, price action has respected these boundaries, bouncing within the zone. Most recently, $ZRO bounced off the lower support near $1.60 and successfully broke a descending trendline, signaling the end of local bearish pressure.

Technical Setup

• Support: $1.60

• Resistance: $3.25

• Current Target: Retest of the $2.36 level (mid-range) followed by potential breakout toward $3.25

• EMA Resistance: Watch for interaction around the 200 EMA near $2.69

What’s Next?
With volume picking up and the trendline broken, $ZRO is showing signs of a bullish continuation. If the token can hold above the $2.10–$2.36 zone and gain momentum, traders may see a test of the upper boundary around $3.25 in the near term.

Key Takeaway: Accumulation zones like this often precede major breakouts. LayerZero appears poised for a strong move—though caution is advised around macro resistance levels and broader market sentiment.