$ZEN /USDT - Technical Analysis & Trade Signal🚀🚀🚀🚀
Current Overview:
Current Price: $24.50
24h High: $27.40
24h Low: $14.55
24h Change: +55.85%
Momentum: Bullish with potential retracement.
Technical Indicators:
Moving Averages (MA): Price trading above the 20 EMA indicates short-term bullish momentum.
RSI: Overbought zone (~75), suggesting possible short-term pullback before continuation.
Support Levels: $23.00 | $21.50
Resistance Levels: $25.50 | $27.00
Trade Signal:
Trade Type: Long
Entry Zone: $24.00 - $24.50
Stop Loss: $22.80 (below key support)
🎯 Target Levels:
1. Target 1: $25.50 (Immediate resistance)
2. Target 2: $27.00 (24h High retest)
3. Target 3: $29.00 (Breakout target with momentum continuation)
Trade Momentum:
Bullish Scenario: A breakout above $25.50 with strong volume could trigger a rally toward $27.00 and beyond.
Bearish Scenario: If price falls below $23.00, expect further correction to $21.50.
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