$ZEN $ZEN

🔥 ZEN/USD: Poised for Potential Breakout or Pullback? 🔥

ZEN/USD is currently trading at $15.77, testing a critical level that could determine its next move. With the market consolidating, traders should watch for signs of strength or weakness at this pivotal price point.

💡 Support Zones:

The $14.80–$14.50 area has shown to be a strong support zone, where buyers have stepped in previously to prevent further downside. This level is crucial for bulls looking for a potential entry point.

💡 Resistance Levels:

Immediate resistance lies at $16.50, and a break above this level could send ZEN/USD toward $17.00 or even higher, making it a key level to watch for a bullish breakout.

🎯 Entry Strategy:

For Bulls: Look for entries near $14.80–$14.50, targeting a move past $16.50. Place stops below $14.30 for added protection.

For Bears: Consider shorting near $16.50 with a target back to the $14.80 support zone, and set stops above $17.00 for safety.

📈 Pro Tip: Volume will play a crucial role here—watch for an increase in trading volume to confirm a breakout above resistance. Is ZEN/USD ready for a strong push, or will it retest lower levels? Stay alert and trade wisely! 🚀

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