$ZEN /USDT - Technical Analysis & Trade Signal๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€

Current Overview:

Current Price: $24.50

24h High: $27.40

24h Low: $14.55

24h Change: +55.85%

Momentum: Bullish with potential retracement.

Technical Indicators:

Moving Averages (MA): Price trading above the 20 EMA indicates short-term bullish momentum.

RSI: Overbought zone (~75), suggesting possible short-term pullback before continuation.

Support Levels: $23.00 | $21.50

Resistance Levels: $25.50 | $27.00

Trade Signal:

Trade Type: Long

Entry Zone: $24.00 - $24.50

Stop Loss: $22.80 (below key support)

๐ŸŽฏ Target Levels:

1. Target 1: $25.50 (Immediate resistance)

2. Target 2: $27.00 (24h High retest)

3. Target 3: $29.00 (Breakout target with momentum continuation)

Trade Momentum:

Bullish Scenario: A breakout above $25.50 with strong volume could trigger a rally toward $27.00 and beyond.

Bearish Scenario: If price falls below $23.00, expect further correction to $21.50.

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