$ZEN
/USDT Technical Analysis – Key Levels & Targets 🎯
As ZEN/USDT continues to show volatility, traders are keeping a close eye on key levels to watch for potential breakout or breakdown opportunities. Let’s take a look at the chart and focus on 3 major price targets for the pair:
1. Support Level – $28.27:
The recent low at $28.27 remains a crucial support zone. A bounce here could signal a short-term bullish move, with buyers looking to reclaim the $30.00 level.
2. Resistance Level – $35.97:
ZEN/USDT has tested the $35.97 high over the last 24 hours. A breakout above this level could open the door to further gains, with $40.00 as the next significant target for the bulls.
3. Key Mid-Range Target – $32.00:
Traders should monitor the $32.00 zone as a potential breakout point. A solid move above this level could be an indication of the trend shifting in favor of the bulls, aiming for the higher resistance targets.
📉 Price Update: Currently at $29.73, ZEN/USDT is attempting to regain momentum after a slight dip. A confirmation of these targets will depend on market sentiment and volume.
Stay tuned for updates on these key levels as we monitor price action!
This post includes a mix of technical insight and potential price targets for traders to watch.