$ZEN /USDT Technical Analysis & Trade Signal

Current Price: $40.23 (+12.03% in 24h)

Trend: Bullish momentum observed with a 12.03% increase in the last 24 hours.

Support Levels:

First Support: $35.60 (24h low)

Second Support: $39.00 (previous low, indicating minor price retracement support)

Resistance Levels:

First Resistance: $42.87 (SAR indicator)

Second Resistance: $46.28 (24h high)

Third Resistance: $50.00 (psychological level)

Trade Signal:

Buy Signal: Above $40.50, targeting $42.87 (SAR) and $46.28 (24h high).

Stop Loss: Below $39.00 to manage risk.

Momentum: Strong bullish momentum confirmed by the 12.03% increase and increasing trading volume.

Target Levels 🎯:

1. Target 1: $42.87 (SAR)

2. Target 2: $46.28 (24h high)

3. Target 3: $50.00 (psychological resistance)

Recommendation: Buy on dips near $39.00-$40.00 with a target of $42.87 and $46.28. Keep an eye on volume to confirm continued upward momentum.

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$ZEN