$ZEN /USDT Technical Analysis Report!🔥💯
The bullish momentum continues in ZEN/USDT, rising +29.88% to a current price of $37.38. The recent market action indicates strong accumulation, which indicates that buyers are still in control. A break above $35.00 indicates strong upside potential.
Long Trade Setup:
• Entry Zone: $36.80 - $37.50
• Target Levels: $39.80 (Short Term), $42.50 (Extended Target)
• Stop Loss: Below $35.50
Short Trade Setup:
• Entry Zone: $39.50 - $40.00 (If Rejected at Resistance)
• Target Levels: $36.50 (Short Term), $34.00 (Extended Target)
• Stop Loss: Above $41.00
Next Market Move:
Likely to test $ZEN
Critical Resistance at $40.00. A break above that could lead to a rally towards $42.50. If rejected, a correction to $35.00 is possible, providing a new accumulation zone. Traders should watch the $37.00 support for continued momentum. Lock in profits at key levels, and always use stop loss orders to protect capital in volatile conditions.