$ZEN
ZEN/USDT has experienced a significant -20.37% drop in the last 24 hours, showing a sharp bearish trend. The current price is $34.75, with a 24h low at $33.52, reflecting selling pressure.The 24h volume of $185,688,215.89 shows that despite the drop, there is significant trading activity.
Support: There is strong buying interest at $34.75 and $34.70, suggesting these levels might provide support in the short term.Resistance: The price is facing resistance at $34.95 and $34.90, where sell orders are concentrated.
Volume Insights:
The 24h volume of $185,688,215.89 indicates high trading activity, but the -20.37% change suggests significant downward pressure.
For Buyers:
Entry Point: Consider entering at $34.75 or near $34.70, as these support levels may hold if the bearish momentum slows down.Stop-Loss: Place a stop-loss below $33.52 (the 24h low) to protect against further declines.
For Sellers:
Sell Target: A potential target for selling could be near $34.90 or $34.95, where resistance is stronger.Stop-Loss: A stop-loss could be placed just above $34.95 in case the price breaks higher.