$ZEN /USDT Technical Analysis 🎯

Current Market Status:

Price: $27.42 (+2.70%)

24h High: $28.70

24h Low: $24.25

Volume: 92.25M USDT

Key Levels to Watch:

1️⃣ Target 1: $28.80

A breakout above the 24h high of $28.70 can confirm bullish momentum.

RSI is approaching the overbought zone, indicating potential resistance near this level.

2️⃣ Target 2: $30.50

If $28.80 is breached with strong volume, $30.50 becomes the next significant resistance level.

MACD shows signs of a bullish crossover, supporting upward movement.

3️⃣ Target 3: $33.00

A sustained rally could push ZEN to $33.00, marking a major psychological and technical resistance.

Support Levels:

$25.50: Immediate support if price retraces.

$24.25: Strong base for accumulation.

Trading Strategy:

Short-term Traders: Watch for a breakout above $28.80 to enter.

Long-term Holders: Accumulation near $24.25-$25.50 could offer a favorable risk-reward ratio.

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