$ZEN /USDT Analysis š
Horizen (ZEN) is trading at $38.45 (+4.00%), showing signs of recovery after a sharp drop from its recent high of $46.28. The price is hovering near a support zone, which could determine its next move.
Key Levels:
Resistance: $40.82
Support: $38.29
Critical Zone: $37.89
Strategy:
Bullish Recovery:
Entry: Above $38.50
Target 1: $40.00
Target 2: $42.00
Stop Loss: Below $38.00
Bearish Continuation:
Entry: Below $38.00
Target 1: $37.00
Target 2: $35.50
Stop Loss: Above $38.50
š Observation: Watch for volume and confirmation of direction. This level is critical for a potential reversal or continued downside.