Zora Token Price Analysis: Bullish Outlook, Potential Breakout

The ZORA token, launched on April 23, 2025, saw significant adoption across prominent exchanges like Binance Alpha, Bybit, KuCoin, Gate.io, and MEXC. The token currently trades around $0.02440-$0.0250. It has seen a notable rally following its initial listing, experiencing a 41% recovery from its lows. However, the question now arises: will ZORA continue its upward trajectory or face deeper pullbacks? A closer examination of technical and market factors offers insights into potential future price movements.