🚨 $ZEN /USDT: VOLATILITY ALERT – WHAT'S THE NEXT MOVE? 🚨
ZEN is currently trading at $36.81, down 2.82% in the past 24 hours. After hitting a high of $42.22, the price has retraced, now hovering near a critical level. With active trading volume, ZEN is primed for a potential breakout or further correction.
Key Levels to Watch:
Support: $33.50 – A must-hold level to maintain bullish momentum.
Resistance: $42.00 – A breakout above this zone could trigger further upside.
Trade Setup:
Entry Point: Around $36.80
Targets:
1. $39.00 (short-term recovery)
2. $41.50 (next resistance test)
3. $44.00 (extended rally)
Risk Management:
Stop-loss: $33.00 – Protect against downside risks.
Market Insight:
ZEN’s retracement provides an opportunity for traders to watch for potential rebounds near support. If resistance at $42.00 is broken, it could set the stage for an extended rally. Monitor closely as volatility increases!
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