ZEN/USDT : 1D Swing Trade Analysis:
After breaking above the 200 EMA, #ZEN has shifted its trend from Downtrend to Uptrend.
An opportune moment for a Long Position as the price might continue its trend for new highs.
$ZEN Trade Setup:
Buy: $10.80
Targets: $12.95 and $14.54
Stop Loss: $9.11
Trade Reasoning:
- Bullish momentum post 200EMA breakout.
- Potential for the trend continuation towards new highs.
#Cryptocurrency #TechnicalAnalysis #Horizen #CryptoPatel
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