The recent bullish trading pattern of the asset could trigger the price to jump over the $2.52 range.
The prolonged upside correction of ZRO might reinforce the bulls, bringing in a retest at $2.58 resistance. In the event of a bearish turn, the asset might face some risks. LayerZero might reverse the price action toward the support at $2.40. With continued bearish pressure, it could send the price back to a low range of $2.34 or deepen losses.