ZEN/USDT is currently trading at $30.58, showing signs of consolidation near key levels. The market appears to be preparing for a potential blowout, so traders should be ready to act.
🔍 Key levels to watch:
Resistance areas:
Immediate resistance is at $31.00, with a stronger barrier around $32.50. A break above these levels could push the price towards $35.00.
Support areas:
The main support is at $29.00, with a deeper level near $27.50, providing a strong base for bullish reversals.
📈 Trading Strategy:
Bullish Entry: Look for a break above $31.00, targeting $32.50 and $35.00.
Bearish scenario: If the price drops below $29.00, consider waiting for stability near $27.50 before re-entering.
Use a stop loss near $27.50 to effectively manage risk.
🔥 ZEN is at a pivotal point. Will the bulls push the price higher, or will the bears test the lower supports? Stay alert and trade wisely!
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