LayerZero (ZRO) is currently trading at $1.67, reflecting a decline of 2.4% over the past 24 hours. The cryptocurrency is testing critical support levels while facing bearish momentum signals. This situation is compounded by a weak correlation with the broader cryptocurrency markets. The bearish MACD signals indicate ongoing downward pressure, which may influence investor sentiment and trading strategies. As ZRO approaches the lower Bollinger Band, market observers are closely monitoring its performance for potential signs of recovery or further decline.
