$ZEN

/USDT Technical Analysis & Trade Signal🔥💯

Current Price: $36.33

Momentum: Bullish (Short-term upward movement observed)

Key Indicators:

Moving Average (MA): Price is trading above the 20-day MA, indicating bullish sentiment.

RSI (Relative Strength Index): ~60 (Bullish but nearing overbought zone).

MACD: Bullish crossover confirmed, signaling upward momentum.

Trade Setup (Short-Term):

Entry Point: $36.00 - $36.50

Stop Loss: $33.50 (below recent support)

Targets 🎯:

1. Target 1: $38.50 (Minor resistance level)

2. Target 2: $40.75 (24h high region)

3. Target 3: $42.50 (Major resistance level)

Recommendation:

Consider buying within the suggested entry range with a trailing stop to lock in profits.

Monitor the RSI to avoid potential overbought conditions.

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