$ZEN /USDT Technical Analysis
š Strong Bullish Momentum! $ZEN has surged by 14.30%, trading at $29.66, with consistent upward pressure.
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Price Action Highlights
š¹ Current Price: $29.66
š¹ 24H High: $29.70
š¹ 24H Low: $24.25
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Technical Targets
1ļøā£ First Target: $30.00 - Immediate Psychological Level
Breaking above $30.00 will confirm strong bullish sentiment and open the doors for higher levels.
2ļøā£ Second Target: $32.00 - Key Resistance Zone
Sustained momentum can lead to testing $32.00, a critical resistance for mid-term gains.
3ļøā£ Third Target: $35.00 - Major Breakout Level
A move past $35.00 would indicate significant bullish dominance, attracting more buying interest.
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Trading Tips
šø Partial Profit: Secure some profits around $30.00 to reduce risk and take advantage of volatility.
šø Stop-Loss: Set at $28.00 to protect against potential pullbacks.
šø Volume Watch: High trading volume near $30.00 is crucial for a breakout confirmation.
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š Momentum Insights:
ā RSI indicates that ZEN is nearing overbought conditions, so a consolidation around $28.00-$30.00 is possible.
ā The steady upward trend suggests strong buying interest, supported by higher lows.
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