$ZEN /USDT Technical Analysis

šŸ“Š Strong Bullish Momentum! $ZEN has surged by 14.30%, trading at $29.66, with consistent upward pressure.

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Price Action Highlights

šŸ”¹ Current Price: $29.66

šŸ”¹ 24H High: $29.70

šŸ”¹ 24H Low: $24.25

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Technical Targets

1ļøāƒ£ First Target: $30.00 - Immediate Psychological Level

Breaking above $30.00 will confirm strong bullish sentiment and open the doors for higher levels.

2ļøāƒ£ Second Target: $32.00 - Key Resistance Zone

Sustained momentum can lead to testing $32.00, a critical resistance for mid-term gains.

3ļøāƒ£ Third Target: $35.00 - Major Breakout Level

A move past $35.00 would indicate significant bullish dominance, attracting more buying interest.

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Trading Tips

šŸ”ø Partial Profit: Secure some profits around $30.00 to reduce risk and take advantage of volatility.

šŸ”ø Stop-Loss: Set at $28.00 to protect against potential pullbacks.

šŸ”ø Volume Watch: High trading volume near $30.00 is crucial for a breakout confirmation.

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šŸ“‰ Momentum Insights:

āœ” RSI indicates that ZEN is nearing overbought conditions, so a consolidation around $28.00-$30.00 is possible.

āœ” The steady upward trend suggests strong buying interest, supported by higher lows.

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