$ZEN
/USDT: PoW Token Gains Bullish Momentum💯🚀💥
The Proof-of-Work token ZEN/USDT is showing strong bullish movement with over an 8% increase, attracting attention from traders.
Market Overview
Current Price: $28.54 (+8.19%)
24h High: $28.86
24h Low: $24.25
24h Volume (ZEN): 3.32M
24h Volume (USDT): $88.13M
Key Levels and Trading Plan
1. Support Zone (Entry): $27.50 - $28.00
2. Resistance Zone (Exit/Target): $28.85 - $30.00
Trading Strategy
Entry: Consider entering near $28.00 on a pullback or consolidation.
Targets:
Short-Term Target: $28.85 (24h high)
Extended Target: $30.00 (psychological resistance)
Stop Loss: Below $27.00 to limit downside risk.
Community and Sentiment
PoW Focus: ZEN’s Proof-of-Work mechanism contributes to its security and value proposition, attracting miners and long-term investors.
Volume Trends: High trading volume ($88.13M in USDT) signals strong market activity and bullish sentiment.
Key Observations
ZEN is approaching its 24h high of $28.86, a key resistance zone.
If the price breaks above $28.86 with sustained volume, $30.00 could be the next target.
Look for retracements to $27.50-$28.00 for better entry opportunities.
Will ZEN continue its rally and break the $30.00 mark? Watch for sustained momentum and volume to confirm the trend!
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