$ZEN

/USDT Technical Analysis & Trade Signal🚨💯

Current Price: $43.06 (up 10.98%)

Trend: Bullish – ZEN is currently in a strong uptrend, having recently reached a daily high of $44.00, which is a key resistance.

Support: $35.60 – This is the recent low and major support level.

Resistance: $44.00 – This marks the 24-hour high and a critical resistance level.

Momentum:

RSI: Indicates that the market might be approaching an overbought condition (look for a pullback or consolidation).

MACD: Shows a strong bullish crossover suggesting a continuation of the uptrend for the near term.

Trade Signal:

Entry: $42.50 – If the price holds above this level.

Targets:

Target 1: $44.50 (just above 24h high, possible break for a larger move)

Target 2: $47.00 (next resistance zone)

Target 3: $50.00 (psychological resistance and extended price target)

Stop Loss: $40.00 – Maintain a tight stop just below the nearest support level to manage risk.

Risk/Reward Ratio: Excellent with potential for higher gains depending on market momentum.

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