Technical Analysis for $ZEN /USDT:
Current Price Action:
Current Price: $31.70 (+10.88%)
24h High: $34.00
24h Low: $27.35
Targets:
1. Target 1: $32.50 (Resistance Level)
Immediate resistance. A breakout could push the price toward the next key level.
2. Target 2: $34.00 (Key Resistance)
Significant resistance level. Breaching this could confirm bullish momentum.
3. Target 3: $36.00 (Psychological Level)
Strong psychological resistance. Achieving this level signals a continued bullish trend.
Strategy:
Secure Partial Profits: Lock in gains at each target to manage risks effectively.
Stop Loss: Place a stop loss below $30.50 to minimize potential downside risk.
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