$ZEN Trade Alert š
Current Price: $28.90(+2.66%)
Support: $26.50| Resistance: $32.05
Market Outlook:
$ZEN is rebounding strongly off its support at $26.50, following a recent test of resistance at $32.05. The RSI at 75.25 reflects neutral momentum, leaving plenty of room for a bullish continuation. Additionally, early recovery signals from the MACD align with improving sentiment.
Trade Setup šÆ
Entry: $28.50
Stop Loss: $26.50
Targets:
TP1: $30.00 (Short-term gain)
TP2: $32.00 (Momentum building)
TP3: $33.50 (Retest of resistance)
Why This Setup?
If $ZEN sustains above support, a retest of its recent high at $32.05 is likely. The tight trading range and recovering indicators signal breakout potential. Watch price action and volume closely for confirmationāmomentum is brewing.
Upside in Sight. Eyes on the move. š