$ZEN
ZEN/USDT Technical Analysis โ Key Levels to Watch ๐ก
The ZEN/USDT pair is trading at $15.72, displaying steady movement amid market volatility. Hereโs a quick overview:
๐ Support Levels:
The primary support is at $15.20, which has been a reliable bounce point recently.
A deeper support level is at $14.80, which becomes crucial if selling pressure intensifies.
๐ Resistance Levels:
Immediate resistance is at $16.00, a psychological barrier where sellers have often entered.
A breakout above this could lead to a rally towards $16.50 or even $17.00 in the short term.
๐ Trading Strategy:
For Bulls: Consider buying around $15.20, aiming for $16.00โ$16.50, with a stop-loss at $14.90.
For Bears: If $15.20 is broken, short positions can be taken, targeting $14.80, with a stop-loss at $15.40.
With ZENโs market showing consolidation, a decisive move above or below these levels could trigger significant opportunities. Stay alert, manage risk, and let the charts guide your trades! ๐
