ZEN/USDT: Breakout & Momentum Continuation
1:35 PM · Nov 2, 2025 · Bullish
$ZEN Look at this chart structure! ZEN/USDT is trading strongly at $20.561, marking a solid +3.86\% gain. This move confirms the strength of the recent breakout from a tight sideways channel.
The price has reclaimed the $20.00 psychological level, which now acts as a firm support zone. High volume accompanying the move suggests institutional interest is returning.
As long as ZEN sustains above $19.50, the structural momentum favours the bulls for a swift move toward the next major resistance cluster starting at $22.00.
Trade Setup:
Bias: LONG (Momentum Follow-Through)
Entry Zone: $20.00 – $20.40 (Entry on any minor pullback)
Target 1 (TG1): $21.50
Target 2 (TG2): $22.80
Stop-Loss: $19.45
Anticipate an acceleration once 22.00 is breached. Always respect your stop-loss!