📊 $ZEN /USDT - Key Levels in Focus! 📊

Current Price: $28.38 (-2.44%)

24H High: $29.58

24H Low: $27.91

24H Volume: 1.07M ZEN

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🚀 Market Overview

$ZEN is experiencing a pullback after testing resistance near $30.98. The price is consolidating, with buyers looking to defend support at $28.00. Short-term volatility suggests opportunities for both long and short positions.

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🔑 Key Levels to Monitor

Resistance Zones:

$29.50–$30.00: Immediate resistance to watch for a bullish breakout.

$31.00: Key level for a trend continuation.

Support Zones:

$28.00–$28.20: Crucial support to maintain bullish momentum.

$27.50–$27.80: Strong support for dip buyers.

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🎯 Trade Setup Ideas

Long Strategy (if support holds):

Entry Zone: $28.00–$28.40

Stop Loss: $27.60

Take Profit Levels:

TP1: $29.20

TP2: $30.50

TP3: $31.50

Short Strategy (if resistance holds):

Entry Zone: Below $29.50

Stop Loss: $30.20

Take Profit Levels:

TP1: $28.50

TP2: $27.80

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📈 Technical Indicators

MACD: Bearish crossover, indicating potential further downside.

Volume: Declining slightly, signaling reduced buying pressure.

Trend: Short-term bearish with a potential rebound at support.

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⚠️ Pro Tip: Wait for confirmation at support or resistance levels before entering trades. Manage risk carefully in a volatile environment.

💬 What’s your strategy for $ZEN? Share your insights below!

#ZEN #CryptoAnalysis #TradeWisely #BinanceAlphaAlert #SUIHitsATH