ZEN/USDT Technical Analysis & Trade Signal
Current Price: $15.78
24h Price Change: +11.52%
24h High: $15.93 | 24h Low: $13.46
Technical Indicators:
SAR (Stop and Reverse): 15.17 (support level indicating potential upward momentum)
Support Levels: $13.46 (strong support)
Resistance Levels: $15.93 (near-term resistance)
Trade Signal:
Momentum: Bullish (upward momentum with a strong positive gain of 11.52% in 24h)
Suggested Action: Buy on pullbacks near support level at $15.15–$15.17 for potential upside.
Target Levels (3 Key Targets):
1. Target 1: $15.93 (near resistance)
2. Target 2: $16.50 (next resistance level)
3.Target 3: $17.00 (higher resistance if momentum persists)
Stop Loss: Place stop loss near $14.80 to limit risk.
Summary: ZEN/USDT shows strong bullish momentum. Buying near support levels with targets at $15.93, $16.50, and $17.00 offers a favorable trade setup. Ensure risk management with a stop loss near $14.80.
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