โ$ZEN Head and Shoulders Confirmed: Time to Short! ๐
โThe $ZEN chart has clearly established a Head and Shoulders pattern, strongly indicating a bearish trend reversal.
โShort Trade Alert
โโ Short Entry: Enter immediately at the current price, as the breakdown below the critical neckline has been validated.
โ Target: Anticipate a significant continuation of the dump, targeting the next major support zone around $9.60 โ $9.80.
โ Confirmation: The bearish move is confirmed by the decisive close below the $10.60 neckline this pattern is now active.
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โThe completion of this pattern signals a shift in market control. While $ZEN holds long-term promise (due to the Base L2 migration), the current technical momentum is overwhelmingly bearish. Honor your risk management, but the chart structure points to a strong continuation of the downtrend.
