$ZEN

ZEN/USDT Price Analysis and Bullish/Bearish Direction Prediction

Current Price 27.13, ZEN has recently made a strong breakout, bullish sentiment is evident, but high-level risks are gradually accumulating, caution is needed for pullbacks.

Key Levels

1. Support Levels:

• 22.75 (Short-term Support): The previous breakout zone, if broken, may test lower support.

• 16.50 (Strong Support): Near the MA(25) moving average, this is the main support level.

2. Resistance Levels:

• 30.09 (Current High): The main resistance in the short term.

• 35.00 (Psychological Level): If 30.09 is broken, further challenges to this level are expected.

Bullish/Bearish Direction Prediction

• Bullish: If the price stabilizes above 22.75 and breaks through 30.09 with volume, further upward trend continuation is expected.

• Bearish: If the price is blocked at 30.09 and falls back, it may test 22.75, or even lower.

Trading Suggestions

• Short-term Long Position: If it pulls back to the 23.00-24.00 range, consider buying low, target at 30.00, stop loss set below 22.50.

• Short-term Short Position: If blocked at 30.00-30.50, consider light short positions, target at 25.00, stop loss set above 31.00.

It is advised to maintain a wait-and-see attitude, pay attention to volume changes, avoid chasing highs, and wait for clearer signals before acting.