$ZEN /USDT BEARISH MOVE AHEAD 🔻 | SELLERS IN CONTROL!
$ZEN is showing strong bearish momentum, currently trading around $18.81 (-13.17%), with continuous pressure from the downside as buyers fail to hold above key levels.
📉 Key Levels:
Resistance: $19.50 – $20.20 🚫
Support: $18.00 (Immediate), next major support at $17.20 ⚠️
Current Price: $18.81
Price is trading below MA60 ($18.76), confirming a short-term downtrend. Any rebound toward resistance may face heavy selling pressure.
💥 Trade Setup – SHORT ENTRY
Entry: $18.80 – $19.00
Take Profit (TP):
🎯 TP1: $18.00
🎯 TP2: $17.20
🎯 TP3: $16.50 (extended target)
Stop Loss (SL): $19.60
⚖️ Risk Management:
Always risk only 2–3% of capital per trade. Move SL to breakeven after TP1. Stick to your plan and avoid over-leverage.
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$ZEN