$ZEN
🔍 ZEN/USDT Technical Analysis – Is $30 the Launchpad? 🔍
ZEN is currently trading at $30.00, hovering at a key psychological level. The price action suggests consolidation – but could this be the buildup to a breakout?
🔹 Resistance Zones:
$31.50 – Immediate hurdle. A break above could fuel a push toward $33.00.
$35.00 – Major resistance and potential profit target for bulls.
🔹 Support Levels:
$29.00 – First line of defense. Holding this keeps the uptrend intact.
$27.50 – Strong demand zone. Breakdown here could trigger further losses.
💡 Trade Strategy:
Long Entry: Above $31.50 with targets at $33.00-$35.00. Stop-loss at $29.00.
Short Setup: If price rejects $31.50, short down to $29.00. Stop at $32.00.
ZEN’s consolidation at $30 could be a springboard – are you ready for the next move? 🚀
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