$ZEN

4hr time frame analysis 🔎

🚀 Price Surge

ZEN/USDT has experienced a massive increase in value, reaching $37.65 (+18.99%) in the last 24 hours. This is a strong bullish momentum, as evidenced by the steady upward trend over the past month.

📊 Key Levels

•24h High: $39.78

•24h Low: $29.95

•Support Zone: Around $29.37 (previous resistance turned support).

•Resistance Zone: $39.78 (recent peak).

📈 Volume Spike

•Volume (ZEN): 4.38M

•Volume (USDT): $152.53M

High trading volumes indicate strong investor interest and confirmation of the price trend.

🔍 Trend Analysis

The chart shows a clear breakout from consolidation, with the price accelerating significantly. The strong upward movement suggests growing demand and potential institutional activity.

🛑 RSI Alert

If the RSI indicator (not visible here) is nearing overbought levels, there may be a pullback or consolidation soon. Watch for corrections around $35-$37.

⚡ Next Steps

1.For Holders: Consider trailing stop losses to lock profits.

2.For Buyers: Wait for a pullback to key support levels around $29-$31.

3.For Scalpers: Use lower timeframes to capitalize on volatility between $35-$40.