Technical analysis by ProfittoPath about Symbol ZORA: Buy recommendation (9/8/2025)

ProfittoPath

“ 🔥” ✅ Key Price Levels from Your Chart: Level TypePrice Entry (Breakout Zone)0.08164 Stop Loss0.08036 Target 10.08397 Target 20.08701 Extended Target0.08800 🎯 Trade Idea (LONG Bias): Entry: Price has broken through recent resistance (white/yellow zone) and is currently holding above it. Stop Loss: Placed just below the previous consolidation zone and the breakout candle body, at 0.08036, offering logical invalidation. Take Profit 1: At 0.08397, where price previously showed a reaction (marked in red). Take Profit 2: At 0.08701, near the upper resistance zone. Risk-to-Reward: Approx 1:2.5 — excellent R:R ratio for short-term scalps or swings. 📌 Observations: Volume spike confirms breakout with strong buyer interest (8.72M volume). Candle body closed strongly above previous resistance. Momentum is clear, with consistent higher lows and strong upside candles. No pattern needed — pure level-based breakout with clean upside targets. ⚠️ Risk Management Tips: If price closes below 0.08036 on high volume, consider it invalidation. Lock partial profits at 0.08397 to reduce risk and trail SL to breakeven. Watch BTC/ETH direction — sudden reversals can drag ZORAUSD too. 🧠 Summary: Breakout trade in progress High volume + strong breakout candle Excellent R:R with well-defined levels Good for intraday to short swing trade