Technical aspects
The 30-minute K-line of ZENT is too lame. It hit 0.0099 in the morning and was smashed. Now it is stuck at 0.0097. MACD double lines (DIF and DEA) are lying below the zero axis. Although the green column emerges, it is only 0.00006. This "underwater golden cross" is not convincing at all. The trading volume is even worse. Both MA5 and MA10 moving averages have shrunk to 3 million levels, indicating that the dog dealers and retail investors are lying down and pretending to be dead.
The key is whether the daily low of 0.0096 can hold up. If it falls below, it will directly go to the weekly abyss of 0.0093. The upper pressure is at 0.00985. It failed to break through the 30-minute level three times. Obviously, there are whales suppressing the market. Contract parties should not touch long orders today. Spot traders who want to fight for a rebound should place a pin at 0.00962. If it falls below 0.0095, you must sell. This coin has no faith support. A 20% pin will teach you a lesson in minutes.
News
ZENT is now a "three-no product" - no market maker to support the market, no favorable catalysts, and no community enthusiasm. On-chain monitoring found that several early whale addresses secretly shipped around 0.0098, suspected to be cashing out by the project team. This kind of negative trend is most likely to cause a chain stampede.
Although Trump's policy shift has an impact on the market, small coins like ZENT can't follow suit, which shows that funds don't recognize this dish at all. In the short term, unless there is a sudden hard news such as listing on the exchange or repurchase and destruction, it is likely to continue to fall. Old leeks remember: sideways trading of unpopular coins = chronic death, don't fall in love with it, cut it when it's time.
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