🚀 $ZEN

/USDT Technical Analysis 🎯

The ZEN/USDT pair has witnessed a +33.80% surge in the last 24 hours, making it a standout performer. Let’s analyze its key levels and potential targets:

📊 Key Data Highlights:

Current Price: $38.56

24h High: $39.78

24h Low: $27.80

24h Volume (ZEN): 4.45M

24h Volume (USDT): $147.93M

🎯 Key Targets for ZEN/USDT:

1️⃣ Immediate Resistance - $39.50 to $40.00

A breakout above $40.00 could confirm a continuation of the bullish trend.

2️⃣ Mid-Level Target - $42.00

The next significant resistance, aligning with Fibonacci retracement zones.

3️⃣ Major Target - $45.00

A psychological barrier; surpassing this level would indicate strong momentum for further gains.

🔑 Support Levels:

$36.00: Near-term support, where buyers are likely to protect against a pullback.

$32.00: Key support zone to watch if selling pressure increases.

📈 Indicators to Note:

RSI: Near overbought levels, signaling strong buying momentum but also potential for consolidation.

MACD: Bullish crossover supports upward momentum.

Volume: High trading volumes confirm strong market interest.

💡 Trade Strategy:

Watch for a breakout above $39.78 to aim for $42.00 and $45.00. Set a stop-loss near $36.00 for risk management.

Targets: 🎯 $39.50-$40.00 → 🎯 $42.00 → 🎯 $45.00

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