$ZEN /USDT Technical Analysis

Current Price:

$9.44, up slightly by 0.75% from yesterday.

24-Hour Range:

The price moved between

8.86 and 9.84 (highest) in the last day.

Key Levels to Watch:

Resistance (upper limit): $9.84. If the price breaks above this, it might rise further.

Support (lower limit): $8.86. If the price falls below this, it could drop more.

Trading Volume:

24-hour volume: 490,301 ZEN ($4.63M) traded.

Current volume: 54,085 ZEN. This is lower than the average volume of the last 5 days (90,716 ZEN) but higher than the 10-day average (68,297 ZEN).

What Volume Tells Us:

Trading activity has slowed recently compared to the last 5 days, suggesting traders are less active or unsure.

Conclusion:

$ZEN is currently stuck between

8.86 and 9.84.

Trading is quiet, indicating hesitation. Stay neutral until the price clearly breaks above or below these levels with stronger volume. Watch for these signals to decide the next move.

Do your own research.