🚀 $ZEN /USDT Technical Analysis Update

🌟 Current Price: $37.58 (+30.71%)

🔼 24h High: $39.78

🔽 24h Low: $28.70

The impressive 30% surge makes ZEN one of the top gainers in the market today. Here's what the trading data and technicals suggest:

🎯 Target Levels:

1️⃣ $40.00: Immediate resistance level. Breaking this can confirm bullish momentum for a further rally.

2️⃣ $42.50: A mid-term target, aligning with Fibonacci extensions. Volume confirmation will be key.

3️⃣ $46.00: A significant psychological barrier and long-term resistance zone. Reaching here could signal a major breakout.

📊 Trading Data:

24h Volume: 4.81M ZEN / $164.41M USDT

Strong trading activity indicates high interest and liquidity in ZEN.

⚡ Momentum Indicators:

RSI is in the overbought zone, signaling strong buying pressure.

MACD shows bullish crossover on the 1D chart, confirming upward momentum.

📢 Community Buzz:

ZEN’s Proof-of-Work (PoW) mechanism continues to attract attention. With rising volumes and consistent community support, this surge is worth watching!

💡 Pro Tip: Keep an eye on $28.70 as a critical support zone for risk management if a pullback occurs.

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