Analysis and Signal for $ZEN /USDT on Binance
Analysis:
Current Price: $14.69 (+0.48%)
24h Range: $13.46 - $15.62
The price rebounded strongly from $13.46 to test resistance at $15.62 but faced selling pressure.
Immediate support is at $14.14, and resistance remains at $15.62.
Trading Signal:
Entry Point: $14.69
Target (TP1): $15.30
Target (TP2): $15.60
Stop Loss (SL): $14.10
Strategy:
Look for a continuation upward with a target near $15.30 (TP1).
If price breaks above $15.62, expect further upward momentum.
Place a Stop Loss at $14.10 to limit risk in case of reversal.
Disclaimer: Always manage your risk and monitor price action closely.
