🚨 $ZEN /USD ALERT: Sharp Correction – Reversal or Further Downside Ahead? 🚨
ZEN is trading at $34.88, with a sharp decline of -16.73% in the past 24 hours. After hitting a 24-hour high of $46.28, the price has retraced significantly, testing critical support levels.
Key Levels to Watch:
Resistance Levels:
1. $36.50 – Immediate resistance.
2. $40.00 – Mid-term recovery zone.
3. $45.00 – Major breakout target.
Support Levels:
$34.00 – Immediate support zone.
$30.00 – Critical level to hold.
Market Insight:
ZEN’s trading volume stands at 4.72M, indicating continued interest despite the correction. A bounce from $34.00 could spark a recovery toward $40.00, while a break below $30.00 may signal further downside pressure.
📌 Pro Tip: Watch for a potential reversal at $34.00. Increased buying volume at this level could indicate a recovery. Manage risk with tight stop-losses below $30.00.
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