$ZEN
/USDT Technical Analysis:
Current Price: $40.15
Trend: Bullish (up +11.19%)
Support Levels: $35.60, $39.34
Resistance Levels: $46.28, $46.79
Trade Signal:
Buy Signal: Enter at current price ($40.15) or pullback to $39.34 (near support).
Target Levels (🎯):
1. $43.06 (first target for a minor resistance breakout).
2. $46.28 (major resistance level).
3. $46.79 (next resistance zone with a breakout potential).
Stop Loss: $35.60 (below the recent 24h low).
Momentum: The price shows bullish momentum, having rallied 11.19% in the last 24 hours, with increased volume, indicating strong buying activity. Watch for possible consolidation or a breakout at the next resistance.
Recommendation: Monitor entry points around support ($39.34) for a higher probability of success with the trend.