Technical Analysis: $ZEN

/USDT

The ZEN/USDT pair has been trending upward with impressive gains, currently trading at $12.92 (+38.78%). Here’s an analysis of its potential targets:

🎯 Target 1 - $13.50

This level aligns with minor resistance observed on the 1-hour chart. A break above could signal continued bullish momentum.

🎯 Target 2 - $14.20

Key resistance, with increased selling pressure expected here. Reaching this level indicates sustained demand.

🎯 Target 3 - $15.00

A psychological barrier. If ZEN breaches this, it could spark significant interest from traders, potentially leading to further gains.

Indicators:

Volume Surge: 24-hour trading volume at $23.19M shows robust market activity.

RSI: Near overbought levels, suggesting momentum but requiring cautious entry.

Keep an eye on support at $12.50 to validate the uptrend. Trade wisely!