🔥🚨 $ZEN /USDT AT A CRUCIAL POINT – BIG MOVE LOADING! 🚨🔥
The $ZEN /USDT chart is holding within a tense zone on the 4-hour timeframe. Currently priced at 7.35 USDT, this coin is testing key levels, setting the stage for either a solid breakout or a significant drop. Let’s dive into critical zones to guide entry and stop-loss strategies for both short- and long-term traders.
💡 Critical Levels to Watch:
• Resistance: 7.53 USDT – Breaking above this level could open the floodgates for a bullish rally, with the next resistance target at 7.80 USDT.
• Support: 7.22 USDT – A drop below this support could indicate further downside pressure, potentially pushing ZEN towards 7.00 USDT.
📉 Entry Strategies:
• Short-Term Long Entry: Enter around 7.35 USDT if the price holds above 7.30, targeting 7.50 with a stop-loss at 7.25 USDT to manage risk.
• Long-Term Long Entry: Enter above 7.53 USDT once resistance breaks, aiming for 7.80 with a tighter stop at 7.40 USDT to catch the breakout momentum.
• Short Entry: If the price slips below 7.22, consider a short position targeting 7.00 USDT with a stop-loss at 7.35 USDT.
⚠️ Caution: Monitor volume around these key levels. A high volume breakout above 7.53 could signal a stronger rally, while a breakdown below 7.22 with volume might indicate increased selling pressure. Stay alert!
{spot}(ZENUSDT)
#GrayscaleXRPTrust #USEquitiesRebound #TetherAEDLaunch