LayerZero Reclaims $2: The ZRO Technical Setup Behind a Possible $2.30 Retest

Image: Crypto Daily
At 01:58 UTC on October 12, LayerZero’s ZRO token traded near $2.099, above $2 after a volatile period. The price indicators retained a broadly constructive tilt, but momentum was mixed. On October 8, LayerZero announced Bridge Sentinel , a Blockaid-powered security-focused DVN designed to screen cross-chain messages using real-time threat intelligence. The nearer market test is an estimated 23.63 million ZRO scheduled to unlock to core contributors and strategic partners on October 20, according to DeFiLlama . ZRO must clear nearby resistance for a retest of the recent $2.30 high area to become a credible technical scenario, while the unlock adds near-term supply pressure. ZRO’s Daily Trend Is Bullish, but MACD Has Softened The daily chart presents a favourable trend structure.
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