$ZEN 🦅(Strong buying pressure 👍)
$ZEN 💹
Current Price: $28.89 (+56.33%)
24H Range: $16.54 - $30.09
#ZEN/USDT has surged significantly with strong buying pressure, reflecting a sharp rally above major moving averages.
High trading volumes indicate strong participation, supporting the bullish move.
Significant price movement from the daily low ($16.54) to the high ($30.09) reflects high volatility
ZEN: 10.01M
USDT: 235.41M
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Technical Indicators Summary⚠️
EMA (7): $27.27
EMA (25): $23.94
EMA (99): $18.65
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Entry Point💹
Enter on retracement near $27.00 or breakout above $30.10 with confirmation.
Targets🥳
1. Short-term Target: $31.50
2. Mid-term Target: $35.00
Stop-Loss🔴
Below $25.50 to safeguard against false breakouts.
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Key Levels to Watch
Resistance Levels: $30.10, $31.50, $35.00
Support Levels: $27.00, $23.94
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#ZEN /USDT is currently in a bullish phase, driven by strong buying activity. Traders should anticipate possible pullbacks due to overextended RSI levels and secure profits at key resistance zones.
ZEN’s sharp rally signals robust market interest. However, the steep rise and high volatility call for cautious positioning with strict risk management. Monitor volume and momentum for sustained upward movement.