$ZEN rebounds strong, but long-term cracks still showing
ZEN has posted a solid recovery over the past 24 hours, supported by bullish technical indicators and renewed community optimism. EMA and MACD crossovers confirm short-term strength, although RSI indicates the asset is entering overbought territory.
The rally follows a deep correction, with buyers returning and sentiment turning positive — yet not all signals are fully supportive. Concerns remain about ZEN’s strategic shift away from its privacy focus, increasing competition from ZEC, and ongoing whale sell pressure.
Momentum is strong for now, but sustainability will be the key challenge ahead.