$ZEN
/USDT Technical Analysis & Trade Signal:🔥🚀🚀💯
Current Price: $23.01 (up by +2.82%)
Technical Indicators:
Price Action: ZEN/USDT is experiencing a short-term upward trend with slight volatility, holding above $22.00 and approaching $24.
24h Range: $22.00 - $23.96
Support Level: $22.00 (potential bounce zone)
Resistance Level: $23.96 (potential breakout zone)
Trade Signal (Bullish Momentum):
Entry Point: Buy near $22.50 if it holds above support.
Target Levels:
1. First Target (T1): $23.50 (potential resistance zone)
2. Second Target (T2): $23.80 (higher resistance level)
3. Third Target (T3): $24.10 (breakout towards next resistance)
Stop Loss: $21.50 (below the 24h low of $22.00 for safety)
Momentum:
Positive Momentum: Rising above $23 with moderate bullish strength.
Potential Risk: Watch for a pullback around $22; failure to break above $23.96 might lead to sideways movement.
This suggests a short-term bullish outlook with gradual price advancements to targeted resistance levels.