📊 $ZEN /USDT Technical Analysis
💰 Current Price: $43.80 (+18.83%)
🎯 Key Levels:
• Resistance: $46.00 (Immediate), $48.00 (Critical)
• Support: $42.00 (Immediate), $40.00 (Major)
• Next Targets: $48.00 and $50.00
📈 Trade Setup:
• Entry Zone: $42.50 - $43.50
• Take Profit (TP):
• TP1: $46.00
• TP2: $48.00
• TP3: $50.00
• Stop Loss (SL): $41.00
📉 Market Insights:
1. ZEN has shown a strong upward momentum but is now facing resistance around $46.00.
2. A rejection here could lead to a retest of the $42.00 support level, offering a potential reentry.
⚡ Recommendations:
• Consider scaling into positions near $43.00 for a breakout play targeting $46.00 and beyond.
• Secure partial profits as targets are reached, and adjust stop loss to protect gains.
Trade wisely and monitor volume for confirmation!