Signal Update: $ZEN
š Current Price: $27.47 (+48.73%)
š Trend: Strong bullish momentum on the hourly chart, but approaching resistance levels.
š” Trade Setup:
Entry Zone: $27.00 - $27.80
Take Profit (TP):
1. TP1: $30.00
2. TP2: $32.50
Stop Loss (SL): $25.50
Analysis:
ZEN/USDT has shown remarkable growth, with significant buying volume propelling prices upward. Caution is advised as the price nears $30.00, which could act as resistance. Look for pullbacks in the entry zone to optimize risk-reward.
š Strategy: Ideal for short-term long positions while carefully managing risk. Adjust SL to breakeven or secure profits after TP1.
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