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/USDT Technical Analysis: Bullish Momentum Continues

The ZEN/USDT pair is showing strong bullish momentum as it trades at $15.62, up by 2.83% in the last 24 hours. The price recently tested a high of $15.85, while the 24-hour low touched $13.46, marking a solid support zone.

Key Levels:

Resistance: $16.00 – A crucial resistance level to watch. A break above this could signal further upside.

Support: $13.50 – A strong support level, with price showing resilience above this point.

24h Trading Data:

Volume (ZEN): 1.48M ZEN

Volume (USDT): 21.77M USDT

Market Sentiment:

The price is currently above its 24-hour moving average, suggesting a continuation of the uptrend. Watch for a possible breakout above $16.00, which could signal a more substantial rally.

This post incorporates technical analysis and key data points to engage traders on Binance.