$ZEN Breaks Calm Bearish Rejection from $8.30 Zone....
$ZEN is showing signs of weakness after repeated rejections from the $8.30 resistance. With the recent lower high structure forming below $8.26 and sell-side pressure growing, this could be a solid shorting opportunity for scalpers and day traders.
📉 Trade Setup (Short Idea):
Entry Zone: $8.08 – $8.12
Take Profit 1: $7.95
Take Profit 2: $7.83
Take Profit 3: $7.69
Stop Loss: $8.28
Pro Tip:
Watch for a bearish engulfing pattern near the $8.10–$8.15 zone. If price gets rejected here again, it strengthens the downside setup.