$ZEN

🚀 ZEN/USDT Technical Analysis: Bulls Eyeing $20? 🚀

Horizen (ZEN) is showing strong bullish momentum, trading at $17.04 after breaking above key resistance at $16.50. Buyers are in control, and the path to higher levels looks promising! 📈

🔍 Key Levels to Watch:

Support: $16.50 – This former resistance now acts as a solid support zone for pullbacks.

Resistance: $18.50 – A clear break above this level could send ZEN soaring to the $20.00 psychological mark.

🎯 Trading Strategy:

Buy the Dip: Look for entries near $16.50 if price retests this level.

Breakout Entry: A clean close above $18.50 could signal continuation towards $20.00.

Stop-Loss: Place stops below $16.00 to manage risk effectively.

📊 Momentum Check: With ZEN trading above the 20-day and 50-day moving averages and RSI nearing overbought territory, bullish strength is clear, but caution for small pullbacks remains.

⚡ Is ZEN ready to conquer $20? The bulls are charging – don’t miss the next big move! 🚀

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