ZRO rebounds 31.8%, recovering to $1.80 from its low on October 30

LayerZero (ZRO) rebounded 31.8% from its October 30 low of $1.41 to recover $1.80, gaining 8.25% over 24 hours as of 9 a.m. KST on December 2, according to an AMBCrypto analysis, while most other major altcoins were flat or down. The rally saw ZRO bounce just below the 61.8% Fibonacci retracement level of approximately $1.51, calculated from its prior swing range between $0.918 and $2.48, a level flagged using Coinalyze data. The move stands out because ZRO outperformed a broadly stagnant altcoin market, suggesting token-specific momentum rather than a sector-wide rotation. The recovery places the token back above a key technical support zone, though the analysis was cut off before detailing volume or liquidity conditions. Traders will be watching whether ZRO can hold above the $1.51 Fibonacci level on any pullback and whether it can challenge resistance toward its prior high of $2.48.