🚨 UPDATE $ZEN 🚨

$ZEN Market Analysis
You can really make 10x or More...

How you can do that following technical analysis and price action
Here all what you need to know 👌

Current Market Overview:

*24h Price Change: -2.49%

*24h High: $17.7719

*24h Low: $15.6995

*24h Turnover: $1,640,619.61

*24h Volume: 98,176.86 ZEN

*Whale Trader Signal: Longs (74,970) vs Shorts (21,898) - Long/Short Ratio: 3.4:1

*Cash Flow: Net outflow of $799,147

Technical Analysis:

*Pivot Point: $16.770

*Psy-Low: $15.820

*Resistance Level: $18.700

*Support Level: $16.427

*Resistance Level: $17.553

Price Action Summary:

*The price is currently trading slightly above the pivot point of $16.770, indicating a potential bullish sentiment.

*The recent low of $15.6995 is above the Psy-low of $15.820, suggesting that the market is holding above critical support levels.

*The resistance at $17.553 is just below the current price, which could act as a barrier for upward movement.

*The market has shown a significant amount of trading activity with a notable long position from whale traders, indicating confidence in a potential upward trend.

Conclusion:

The ZEN market is currently experiencing a slight downtrend but remains above critical support levels. The presence of strong long positions from larger traders suggests a potential for upward movement, especially if the price can break through the resistance at $17.553. Monitoring the price action around these levels will be crucial for determining the next steps.

What you can do for the Next Steps?

*Watch for price action around the resistance level of $17.553.

*Consider potential entry points if the price breaks above this resistance with strong volume.


By: @FastIN_FastOUT
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