Post for $ZEN /USDT Technical Analysis
📊 $ZEN /USDT Analysis Update:
Current Price: $41.14 (+4.71%)
24H Range: $35.60 - $44.00
30-Minute Chart Overview: ZEN is showing strong bullish momentum, breaking above $40 and approaching the $44 resistance level. A breakout could push prices to new highs.
🎯 Targets:
1. First Target: $44.00 - Immediate resistance level. Breaking this would confirm continued bullish momentum.
2. Second Target: $46.50 - Medium-term resistance zone, aligning with previous high ranges.
3. Third Target: $50.00 - Psychological resistance and key milestone for a sustained bullish trend.
💡 Actionable Insights:
Secure partial profits near $44.00.
Adjust your stop-loss to $39.50 to protect recent gains.
Watch for volume spikes and bullish candlestick patterns to confirm a breakout above $44.00.
📈 Long-Term View: Sustaining momentum above $50.00 could trigger a significant rally toward $55.00 or higher, marking a strong bullish phase for ZEN.