Zora

In celebration of the one-year anniversary of the Zora protocol and the initial release of zorb, we invite you to mint a commemorative NFT for your collection. Minting is open for 20+22 hours on New Years Day and cements your status as an early supporter of Zora.


[zorb.dev](https://zorb.dev/) by [zora.co](https://zora.co).

ZORBS by ZORA

Brief Explanation of Order Block:
Order Blocks are zones on a price chart where large financial institutions have placed significant orders. These areas are often found near reversal points or price breakouts and can act as support or resistance levels.

Chart Example:
An Order Block typically forms near a strong bullish or bearish candle before a price reversal or continuation. For example:

1. The price is in an uptrend, and a strong bearish candle forms before continuing the upward movement.


2. This bearish candle represents the last sell orders (Sell Order Block).


3. When the price retraces to this zone, it usually reacts bullishly.



The provided chart visually illustrates this concept. Let me know if you need further clarification!

"Order Blocks are key zones where financial institutions place their trades! 📊 When the price returns to these areas, a strong reaction is expected. 🔥📈 #TechnicalAnalysis #PriceAction"