1/5 (Fan Q&A) How about $ZEN ? Where is the support level? Can it be done now?

Referring to the daily line, the current price is running near the large-scale Fibonacci 618 support (21.9). I personally think that the appropriate buying point is in batches between 21.9 and the green support below (18), because this range not only has a support effect, but also is the range where the rising trend line is located.

If the support range of 21.9-18 is broken, it is likely to reach the purple support (12), but I feel that the probability is not high. After all, Grayscale has been holding this coin, so it will not be too ugly.