Current price 38$ Target 1🎯 : 36$ Target 2🎯: 34$ Target 3🎯: 32-33$ open Short positon with 8-10x leverage stop loss 44-45$ Entry : 38$,39$,40$ you are thinking guys how it can happen?? Here is the answer /key
Let's delve Technical analysis on $ZEN
Technical Analysis
1. Trend Analysis:
The price has seen significant upward momentum, reflected in the strong green candles.
The price is currently testing a resistance zone at $46.28 after a sharp rally.
2. Indicators:
Bollinger Bands:
The price has moved above the upper Bollinger Band (UP: 39.57), indicating an overbought condition.
MACD:
MACD line (DIF: 7.16) is well above the Signal line (DEA: 6.09), signaling bullish momentum. However, the histogram may be reducing, suggesting weakening strength.
RSI:
RSI (6): 89.02 indicates that the asset is heavily overbought, potentially signaling a pullback or consolidation phase.
Volume:
Increasing volume during the uptrend shows strong buying interest. However, the recent candles suggest a possible slowdown.
3. Support and Resistance:
Resistance: $46.28 (recent high).
Support: $33.12 (previous consolidation area).
4. Moving Averages:
Short-term MA (5): $3,177,767.35 shows an upward slope, confirming short-term bullishness.
Long-term MA (10): $3,454,927.35 also supports the bullish trend. Please remember that cryptocurrency investments carry risks, and it's essential to conduct thorough research and consider your financial situation before making investment decisions#ZEN/USDT #Technical analysis #BTCNextMove #Write2Earn
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.Lee los TyC.
ZEN
34,95
-0.17%
1.4k
0
Respuestas 0
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