š $ZEN /USDT Technical Analysis
š° Current Price: $43.06 (+15.85%)
šÆ Key Levels:
ā¢ Resistance: $44.50 (Immediate), $46.00 (Major)
ā¢ Support: $42.00 (Immediate), $40.00 (Major)
ā¢ Next Targets: $45.00 and $48.00
š Trade Setup:
ā¢ Entry Zone: $42.50 - $43.00
ā¢ Take Profit (TP):
ā¢ TP1: $44.50
ā¢ TP2: $46.00
ā¢ TP3: $48.00
ā¢ Stop Loss (SL): $40.00
š Market Insights:
1. $ZEN shows a robust uptrend, testing support around $42.00 after a rejection near $46.00.
2. Sustained buying volume is critical to push past the $44.50 resistance level.
ā” Recommendations:
ā¢ Look for breakout opportunities above $44.50.
ā¢ Use trailing stops to lock in gains as price approaches the $46.00 resistance.