$ZEN /USDT Trading Signal – Pullback with Bull Run Confirmation
Market Context: ZEN is experiencing a pullback after recent bullish momentum. This correction might provide an opportunity to enter before the continuation of the upward trend.
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Entry Zone (For Long): $30.80 – $31.10
Targets:
Target 1: $31.50
Target 2: $32.00
Target 3: $32.50
Stop Loss: $30.40
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Observation:
ZEN has retraced to test key support around $30.80. If this level holds, it could act as a springboard for the next leg up.
Watch for bullish reversal patterns and increased buying volume near the entry zone for confirmation.
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Risk Management:
Use a 2% risk allocation on your portfolio.
Once Target 1 is reached, move the stop loss to breakeven to protect your capital.
Note: If ZEN breaks below $30.40 with strong volume, the bullish thesis might be invalidated, and further downside could follow.