Horizen (ZEN) has shown impressive momentum, gaining 51.95% in the last 24 hours and 227.05% over the past 30 days. With a 24-hour trading volume of $712.93M, it indicates strong market interest and potential continuation of the trend in the short term.
The price recently hit a 24-hour high of $29.76, nearing resistance levels. If it consolidates within the $25.50-$28.50 range, it may offer an entry for traders looking to capitalize on the upward momentum. However, its current price is far below the All-Time High (ATH) of $168.15, leaving room for long-term upside potential.
That said, caution is warranted as the significant gains could lead to profit-taking, resulting in short-term pullbacks. Always set a stop-loss (SL) to manage risk effectively.
🥂 Trade Here👇$ZEN
🚨 Note: Trade at your own risk; this signal is not guaranteed. DYOR.
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