$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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