$ZEN ๐ฏ๐ค๐ฐ๐ฅ๐ฅ๐ฅ
/USDT Technical Analysis - Price Action and Key Targets ๐ฏ
As ZEN/USDT shows strong upward momentum with a 3.64% increase in the last 24 hours, weโve identified three key price targets to watch. Currently trading at $28.47, ZEN is showcasing bullish behavior, supported by solid volume and increasing market interest. Here's a closer look at the potential targets for ZEN/USDT:
1. Target 1: $30.00
A natural resistance point lies around $30.00. Should the uptrend continue, we expect ZEN to face some selling pressure at this level. Breaking above could open the door to further gains.
2. Target 2: $32.00
Beyond $30.00, the next key target would be $32.00. If momentum persists, this level could become a strong psychological resistance, potentially indicating a significant bullish move.
3. Target 3: $34.50
If ZEN pushes past $32.00, the next major target is $34.50. This would represent a substantial move from current levels, confirming the strength of the uptrend and signaling a continuation.
Key Levels to Watch:
Support: $24.00 (important to maintain the upward trend)
Resistance: $28.66 (near-term target)
Volume Analysis:
24h Volume (ZEN): 9.13M
24h Volume (USDT): 203.80M
Keep an eye on these targets as we see continued volatility and potential opportunities for traders.
This post provides technical insight into ZEN/USDT, highlighting potential entry and exit points based on current market conditions. Let me know if you'd like any adjustments!