In the past four hours, the ZEN/USDT trading pair has experienced significant market activity, reflecting notable price movements. ZEN, the token of Horizen, has shown volatility as it navigates key technical levels. Recent price data indicates that ZEN has been testing important support and resistance zones, suggesting a phase of consolidation or potential breakout.The 4-hour chart highlights that ZEN has been fluctuating within a defined range, with recent highs and lows marking critical points for traders. Technical indicators such as the Relative Strength Index (RSI) are approaching overbought or oversold conditions, signaling that a shift in momentum could be imminent. Meanwhile, the Moving Average Convergence Divergence (MACD) shows mixed signals, indicating potential indecision in the market.
