LayerZero Whale Buying Fuels Breakout to $2

LayerZero (ZRO) has seen a significant price jump of 21.73% in its daily trading, resulting in a seven-day gain of 47.41%. This surge has placed ZRO's recovery below the crucial $1.50-resistance area.

The expansion in trading activity was accompanied by large transactions, with Spot Average Order Size registering big whale orders. This implied that bigger market participants were increasingly active as the token extended its recovery.

Whale buying activity and taker demand favored ZRO's price recovery, while rising leverage strengthened the recovery. The crucial breakout test remains at $1.50, with a strong reclaim potentially exposing the $2.00 resistance zone.