🔴 $ZEN ANALYSIS 🔴
Current Price: $12 (as of July 13, 2024)
🟢 Recent Performance: ZEN has increased by more than 18%, indicating strong bullish momentum.
🔵 Resistance Levels: The next key resistance level is at $12.50. Breaking through this level could lead to further gains.
🟡 Support Levels: The immediate support level is at $10.50. If the price falls below this, the next support is at $9.80.
🔴 Technical Indicators:
RSI: The Relative Strength Index (RSI) is currently above 70, indicating that ZEN is in overbought territory and may face a short-term correction.
MACD: The Moving Average Convergence Divergence (MACD) shows a bullish crossover, suggesting continued upward momentum.
🟢 Market Sentiment: The recent surge in price and trading volume indicates strong interest from investors, which could sustain the bullish trend
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