LayerZero needs a daily close above $1.76 to confirm recovery

As of October 29, 2026, LayerZero price points to a recovery attempt rather than a confirmed bullish reversal. ZRO trades at $1.75 on Binance , above the daily pivot yet below the EMA20. The scenario remains neutral : selling momentum is easing, but the rebound has not cleared the nearest daily resistance. Key takeaways ZRO trades at $1.75, above the daily pivot at $1.72 but still below the daily EMA20 at $1.81. A daily close above $1.76 would confirm the breakout; a close below the pivot at $1.72 favors the bearish case.