š $ZEN : READY for a Fresh Bounce? Strong Bullish Momentum! šš„ā
Horizen ($ZEN) is showing serious strength, bouncing strongly from the $8.84 low and now holding firmly above $9.50 with moderate volume! The bulls are pushing, testing short-term resistance at $9.53. If this momentum holds, we could see a powerful breakout towards the key psychological level of $10!
š Trade Strategy - Here's the Playbook:
š¢ Entry (Buy Zone):
* $9.35 ā $9.50
šÆ Targets:
* Target 1: $9.80 (Minor Resistance Zone)
* Target 2: $10.20 (Psychological + Technical Resistance)
* Target 3: $10.75 (Previous Top from Late April)
š Stop Loss:
* Below $9.00 (Loss of support and uptrend invalidation)
Key Levels to Watch:
* Support: $9.00 / $8.84
* Resistance: $9.80 / $10.20 / $10.75
* Pivot Zone: $9.50
š” Pro Tip:
* Watch for a 4-hour close above $9.80 ā this would confirm bullish continuation.
* For risk control, consider taking partial profit at T1 and moving your stop-loss to breakeven after.
* Always use volume as confirmation, especially during U.S. session hours!
Is $ZEN about to launch? Let us know your thoughts! š
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