LayerZero's ZRO jumps 14% as buyers reclaim $1.00; watch for June supply unlock impact.

LayerZero's token ZRO rose 14% in 24 hours, recovering from a low near $0.796 to trade above $1.00, which has now turned from resistance into support. This rebound follows weeks of decline, with buyers regaining momentum and targeting resistance zones at $1.10-$1.15 and potentially $1.30-$1.35. However, an upcoming token unlock on June 20 will add 25.71 million ZRO to circulation, possibly increasing selling pressure if demand doesn't keep pace. The market remains cautious as Bitcoin dominance stays high, and ZRO's broader downtrend continues despite short-term gains.