$ZEN

4-Hour Analysis for ZEN/USDT 📈

Trend Analysis 🚀

•The chart shows a significant breakout after a period of consolidation.

•ZEN surged from around $6.90 to $30.09, representing a parabolic move.

Volume Analysis 🔊

•High trading volume indicates strong buying pressure during the breakout.

•This surge could suggest institutional interest or major news.

Support & Resistance Levels 📊

•Immediate Support: Around $22.75 (previous breakout level).

•Immediate Resistance: At $30.09 (local high).

Indicators Suggestion 🛠️

•RSI: Likely overbought; potential correction or consolidation might occur.

•MACD: Bullish crossover likely, confirming strong upward momentum.

Prediction 🎯

•Bullish Case: If ZEN breaks and holds above $30.09, the next potential target could be around $35–$40.

•Bearish Case: A pullback to $22.75 support level could occur before another upward leg.

Key Watch:

Monitor volume and RSI to gauge momentum. Corrections are healthy after such strong moves!