$ZEN
š” ZEN/USDT Technical Analysis ā Key Levels to Watch š”
The ZEN/USDT pair is currently trading at $15.61, showing steady movement in a volatile market. Here's a quick breakdown:
š Support Levels:
The first major support lies at $15.20, which has acted as a solid bounce zone recently.
A deeper support is seen at $14.80, a critical level to watch if selling pressure increases.
š Resistance Levels:
Immediate resistance is at $16.00, a key psychological level where sellers have historically stepped in.
A break above this could pave the way for a rally toward $16.50 or even $17.00 in the short term.
š Trading Strategy:
For Bulls: Consider entering near $15.20 with a target of $16.00ā$16.50 and a stop-loss at $14.90.
For Bears: Short positions can be initiated if $15.20 breaks, targeting $14.80 with a stop-loss at $15.40.
With ZEN's market showing signs of consolidation, a decisive move above or below these levels could trigger significant opportunities. Stay alert, manage your risks, and let the charts guide your trades! š
#BinanceAlphaTop5 #MarketPullback #MarketCorrectionBuyOrHODL? #USUALTradingOpen #Write2Earn!