ZORA — Is a Short Setup Forming?--MaventraX

ZORA — Is a Short Setup Forming? 📉

Just opened a short on $ZORA.

Open interest is sitting around $43M, while the long/short ratio is roughly 6:4, suggesting longs may be getting crowded.

If too many traders are positioned on the long side, ZORA could be vulnerable to a sharp pullback.

Now we wait and see whether this bearish setup plays out. 👀🐻

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