$ZEN
/USDT Correction Momentum Continue Ready for Potential Rebound ๐ฅ๐ฏ๐ฏ๐ฏ
Market Insight:
ZEN is currently sitting at $27.99, near the lower end of its 24-hour range ($27.67 - $34.39).** With a +0.83% increase, it's quietly hinting at a potential rebound, but there's no rush. The market is calm, waiting for the next move.
Entry Strategy:
Long Entry: If ZEN dips near $27.67 and shows signs of support (like a reversal candle), consider entering long.
Confirmation: A break above $28.50 signals bullish continuation.
Indicators: Look for MACD crossover or EMA (50 above 200) for confirmation.
Exit Strategy:
Target 1: $30.00 - $31.00 (mid-range resistance)
Target 2: $34.00 (previous high)
Stop Loss: Below $27.50 for protection.
Risk Management:
Limit your position size to 1-2% of your capital.
Use a trailing stop to lock in profits if the price climbs.
It's a calculated playโpatience is key, but the setup is there. Ready to catch the wave?
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