LayerZero (ZRO) Faces Two Resistance Levels Before a Possible $2.30 Retest

A dated technical reading placed two resistance levels for LayerZero (ZRO) at $2.1376 and $2.2705, making a move toward $2.30 conditional on clearing both. The reading was recorded at 1:46 p.m. ET Friday, Oct. 16 (17:46 UTC). It put nearest support at $1.9897 and the next support at $1.9076. The relative strength index (RSI) was 57.9 on the daily chart and 49.1 on the four-hour chart. The reading also rated five of seven indicator groups bullish, one neutral and one bearish, and placed the 50-day moving average above the 200-day average. A break below $1.9897 would put the next listed support at $1.9076 in view. These are chart reference points, not established price targets.

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