$ZEN
/USDT: POW Power Surge – Strategy for the Bullish Momentum 🚀 🎯🔥💯
Current Data:
Price: $24.74
24h High: $27.40
24h Low: $14.55
24h Volume (ZEN): 7.54M
24h Volume (USDT): 149.31M
Trade Strategy:
1. Bullish Continuation 🎯
Entry: Price breaks above $25.50 (confirming upward trend).
Stop-Loss: $23.50 (below recent support).
Target 1: $27.00 (Initial resistance zone).
Target 2: $28.00 (Next potential resistance level).
Target 3: $30.00 (Longer-term breakout target).
2. Bearish Reversal 🎯
Entry: Price falls below $23.00 (indicating downward pressure).
Stop-Loss: $27.40 (24h high).
Target 1: $22.00 (Support zone).
Target 2: $20.00 (Extended downside).
Target 3: $18.50 (Lower support level).
3. Range Trading 🎯
Buy: Near $23.50 (support zone).
Sell: Near $27.00 (resistance zone).
Stop-Loss: Below $23.00 (Buy), Above $27.50 (Sell).
Target 1: $26.00 (Range midpoint).
Target 2: $27.00 (Range top).
Risk Management:
Position Size: Limit risk to 1-2% of your portfolio per trade.
Trailing Stop: Use trailing stops to lock in profits as price increases.
ZEN shows strong momentum after a big gain. Be alert for potential volatility and adjust your strategy to the dynamic price action!
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