$ZEN Preparing for a bullish reversal - Ready to retest the $11.00 level! 🚀
Shows signs of trend reversal after bouncing off the psychological $10.00 area.
Now trading at $10.29, the price has recorded a higher low and is pushing up again on the 15-minute chart.
A breakout above $10.40 is likely to lead to a move towards the previous high at $11.23.
After consolidating between $10.00 - $10.40, the recent bullish candles with long lower shadows indicate that buyer interest is returning. With momentum increasing again, the bulls may try to push for a breakout soon.
Wait for confirmation of a candle above $10.35 before entering.
Trade Setup (Long):
Entry Zone: $10.20 - $10.35
Targets:
1: $10.80
2: $11.20
Stop Loss: $10.00
Trade from here $ZEN
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