Bit_Guru
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Bearish
📉 $ZEN Short Trade Signal 🚨
Technical Overview:
$ZEN experienced a strong pump, gaining over 30% in the last 24 hours, but now shows signs of weakness as it faces selling pressure near $39. The price has started to retrace, forming a potential short opportunity if further downside momentum builds.
Key Levels to Watch:
Immediate Resistance: $39.00
Support Levels: $36.00 and $34.00
Trade Setup:
Short Entry: Below $37.00
Target Levels:
TP1: $36.00
TP2: $34.00
Stop-Loss: Above $38.00
Risk Management:
Maintain a tight stop-loss due to the recent high volatility in ZEN. A breakout above $39 could invalidate the short signal.
Market Sentiment:
Watch for volume and momentum—if selling intensifies, ZEN could retest lower support levels. Ideal for short-term traders!
#CryptoTrading #ZENUSDT #BinanceSignals #ShortTrade #CryptoSignals
Technical Overview:
$ZEN experienced a strong pump, gaining over 30% in the last 24 hours, but now shows signs of weakness as it faces selling pressure near $39. The price has started to retrace, forming a potential short opportunity if further downside momentum builds.
Key Levels to Watch:
Immediate Resistance: $39.00
Support Levels: $36.00 and $34.00
Trade Setup:
Short Entry: Below $37.00
Target Levels:
TP1: $36.00
TP2: $34.00
Stop-Loss: Above $38.00
Risk Management:
Maintain a tight stop-loss due to the recent high volatility in ZEN. A breakout above $39 could invalidate the short signal.
Market Sentiment:
Watch for volume and momentum—if selling intensifies, ZEN could retest lower support levels. Ideal for short-term traders!
#CryptoTrading #ZENUSDT #BinanceSignals #ShortTrade #CryptoSignals
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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