$ZEN Daily Line 7 Consecutive Gains, Is a Plunge Imminent?
4h, 8h, 1d all show a clear downward trend; either a pullback to around 30 or fluctuations around 40.
It seems there is no upward trend anymore, unless Grayscale continues to buy, which might lead to a rally.
However, the strong power of the market makers makes me bearish but not shorting.
Resistance: 46.28
Support: 36.18
Bullish Suggestions:
Entry: 36±1.2
Target: Short-term targets 48+55+53
Stop Loss: 32.76