$ZEN

/USDT Technical Analysis & Trade Signal

Current Price: $32.25

24h Price Change: +2.45%

Technical Indicators:

RSI (Relative Strength Index): Currently above 50, indicating a moderate bullish trend.

MACD: Bullish crossover observed, signaling positive momentum.

Support Levels: $27.35 (previous low), $29.46 (immediate support).

Resistance Levels: $34.00 (previous high), $34.34 (upper resistance in order book).

Trade Signal:

Bullish Momentum: The positive price action suggests potential for further upside. A breakout above $34.00 can signal continuation towards higher targets.

Trade Targets:

Target 1: $34.50 — Short-term resistance break and continuation of bullish momentum.

Target 2: $36.00 — Next significant resistance zone.

Target 3: $38.00 — Higher resistance level, confirming a sustained uptrend.

Trade Momentum:

Buy Zone: Current price near $32.25 with confirmation of upward momentum through bullish indicators.

Sell Zone: Consider profit-taking near $34.00–$34.50, as the price may experience some resistance there.

Ensure to adjust trade positions based on changes in momentum or reversal signals.

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