#TradingTypes101 USDT - Strong bullish momentum after a 20% breakout! 🚀
USDZEN has risen over 20%, reaching $10.10 after bouncing from its low of $8.34. A strong buying pressure followed its breakout from consolidation, with high trading volume confirming momentum. The price is now targeting the resistance level at $11.23, and bulls seem ready to regain more momentum if this trend continues.
📈 Trading Setup (Long):
Entry: $9.80 - $10.20
Target 1: $11.20
Target 2: $12.30
Stop Loss: $9.30
📊 Market Predictions:
The structure remains bullish on the four-hour chart with rising demand zones and increased trading volumes at breakout levels. Any retest near $9.80 could serve as a strong confirmation area before further rises. Watch the resistance level near $11.20 and the declining trading volume as ZEN's momentum increases.
⚠️ Risk Management Advice:
If the price faces rejection at $11 or more, tighten the stop-loss or take partial profits. Always be sure to take profits during sudden spikes - volatility fuels rises and reversals.
Don't miss this breakout - enter smartly, and exit wealthy!
Capitalize on the momentum before it fades - profits favor the bold!
Buy smart, sell strong - trade according to the setup, not the noise. This breakout won't wait - enter and capitalize on ZEN's movement!
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Buy and trade here on ZEN stock
