$ZEN

ZENUSDT
Trvl
Created with Highcharts 9.1.1
37,803
-0.47%

ZEN/USDT Technical Analysis – Key Levels to Watch 💡

The ZEN/USDT pair is trading at $15.72, displaying steady movement amid market volatility. Here’s a quick overview:

📊 Support Levels:

The primary support is at $15.20, which has been a reliable bounce point recently.

A deeper support level is at $14.80, which becomes crucial if selling pressure intensifies.

📈 Resistance Levels:

Immediate resistance is at $16.00, a psychological barrier where sellers have often entered.

A breakout above this could lead to a rally towards $16.50 or even $17.00 in the short term.

🔑 Trading Strategy:

For Bulls: Consider buying around $15.20, aiming for $16.00–$16.50, with a stop-loss at $14.90.

For Bears: If $15.20 is broken, short positions can be taken, targeting $14.80, with a stop-loss at $15.40.

With ZEN’s market showing consolidation, a decisive move above or below these levels could trigger significant opportunities. Stay alert, manage risk, and let the charts guide your trades! 🚀

#Write2Earn! #BinanceAlphaTop5 #BinanceAlpha #PENGUOpening