$ZEN

/USDT Technical Analysis & Trade Signal

Current Price: $16.23 (+10.33%)

Momentum: Bullish (Strong upward price movement)

Technical Indicators:

RSI: Above 70 (Overbought, but indicates strong momentum)

MACD: Positive divergence (Buy signal)

Moving Averages (MA): Price trading above key levels (Bullish trend confirmation).

Trade Signal:

Buy (Long Position)

Entry Point:

Enter near $16.00 on potential minor pullback.

🎯 Target Levels:

1. Target 1: $17.00 (Immediate resistance)

2. Target 2: $18.50 (Extended bullish move)

3. Target 3: $20.00 (Major resistance level)

Stop Loss:

Place Stop-Loss at $15.00 to minimize downside risk.

Momentum Outlook:

Short-Term: Strong bullish momentum; likely to test higher levels.

Medium-Term: Watch for potential consolidation near $17-$18 levels.

Regular updates on support/resistance levels and volume trends are essential for real-time adjustments.

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