$ZEN

šŸ’” ZEN/USDT Technical Analysis ā€“ Key Levels to Watch šŸ’”

The ZEN/USDT pair is currently trading at $15.61, showing steady movement in a volatile market. Here's a quick breakdown:

šŸ“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.

šŸ“ˆ 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.

šŸ”‘ 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! šŸš€

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