$ZEN /USDT Update – Volatile Retracement
Current Price: $39.93 (+10.64%)
$ZEN/USDT retraced after hitting a high of $46.28, now holding above MA(99) support.
Entry Suggestion:
Long Entry: $39.00-$40.00 if support holds.
Targets:
Short-term Target: $42.50
Next Target: $46.00
Stop Loss:
Place a stop loss below $37.00 to minimize downside risks.
Market Outlook:
The recent rejection near $46.00 suggests short-term consolidation, but the overall trend remains bullish if MA(99) acts as strong support.