$ZEN
/USDT Technical Analysis & Trade Signal
Current Price: $16.23 (+10.33%)
Momentum: Bullish (Strong upward price movement)
Technical Indicators:
RSI: Above 70 (Overbought, but indicates strong momentum)
MACD: Positive divergence (Buy signal)
Moving Averages (MA): Price trading above key levels (Bullish trend confirmation).
Trade Signal:
Buy (Long Position)
Entry Point:
Enter near $16.00 on potential minor pullback.
🎯 Target Levels:
1. Target 1: $17.00 (Immediate resistance)
2. Target 2: $18.50 (Extended bullish move)
3. Target 3: $20.00 (Major resistance level)
Stop Loss:
Place Stop-Loss at $15.00 to minimize downside risk.
Momentum Outlook:
Short-Term: Strong bullish momentum; likely to test higher levels.
Medium-Term: Watch for potential consolidation near $17-$18 levels.
Regular updates on support/resistance levels and volume trends are essential for real-time adjustments.
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