🚨 $ZEN /USD ALERT: Major Correction or Bounce Ahead? Critical Levels to Watch! 🚨
ZEN is trading at $34.39, facing a sharp correction of -17.61% in the past 24 hours. The price has dropped from a 24-hour high of $46.28, indicating heightened volatility.
Key Levels to Watch:
Resistance Levels:
1. $36.50 – Immediate resistance.
2. $40.00 – Key recovery zone.
3. $45.00 – Critical breakout level.
Support Levels:
$33.50 – Immediate support zone.
$30.00 – Crucial level to maintain bullish structure.
Market Insight:
With a significant trading volume of 4.69M, ZEN is showing signs of heightened trader interest. The price is currently testing key support levels, and a recovery above $36.50 could initiate a bullish reversal. Conversely, a break below $33.50 may lead to further downside pressure.
📌 Pro Tip: Monitor the $33.50 support closely. A bounce from this level with rising volume could signal strong buying interest. Use tight stop-losses below $30.00 to manage risk effectively.
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