$ZEN

/USDT Technical Analysis:

Current Price: $39.21

24h Change: +40.04%

Trend: Bullish (uptrend showing strong momentum)

Key Levels:

Support Zone: $27.80 (24h Low)

Resistance Zone: $39.78 (24h High)

Trade Momentum:

Momentum: Strong bullish trend, with increasing volume and high buying pressure.

RSI (Relative Strength Index): Likely approaching overbought levels, but no reversal signs yet.

Target Levels:

1. Target 1: $42.00 (Next immediate resistance area)

2. Target 2: $45.50 (Psychological level)

3. Target 3: $49.00 (A key resistance level)

Trade Signal:

Buy if price breaks and closes above $39.78 (next target: $42.00).

Hold while momentum stays bullish.

Stop Loss: Place below $35.99 in case of price correction.

Recommendation:

Given the strong upward movement, it is a Buy signal with a focus on further growth toward $42 and above. However, be cautious if the price experiences a sharp pullback. Always use proper risk management strategies!

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