ZRO/USDT Trend Observation

LayerZero (ZRO) has recently shown a neutral to slightly weak short-term trend, with the price in a consolidation phase. However, despite the recent lackluster performance, the underlying fundamentals and market data actually suggest the possibility of a rebound.

From a technical perspective, consolidation patterns are often a buildup phase, and it is crucial to observe trading volume and key support levels. Although there is a lack of strong upward momentum recently, this consolidation also reduces downside risk. There are no signs of fundamental deterioration, which instead lays a foundation for subsequent movements.

In summary, ZRO is currently in a wait-and-see position. If it can effectively break through the consolidation range with volume confirmation, a trend reversal becomes possible.