🔻$ZEN ZEN/USDT Drops by 17.12%!
📊 Price Overview:
Current Price: $28.47
24H High: $34.55
24H Low: $28.32
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🔍 Market Insight:
ZEN has taken a sharp downward turn, losing over 17% within the last 24 hours. It's hovering near its daily low, indicating significant bearish pressure.
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🛠️ Critical Levels:
🔵 Support: $28.00 – Key zone to hold for potential stabilization.
🔴 Resistance: $30.00 – Breaking this level is crucial for recovery.
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💡 Trading Strategy:
🎯 Entry Zone: $28.00 - $28.50 for bounce trades.
📈 Targets: $30.00, $31.50.
⚠️ Stop Loss: Below $27.50 for controlled risk.
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🔥 Momentum Insights:
Watch for volume confirmation near $28.00 to identify a possible reversal. A rebound could present a short-term buying opportunity, but caution is advised given the strong bearish sentiment.
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