📊 Price Overview
Current Price: $11.99
24h Price Change: +18.36%
Local Currency (BRL): R$3,378.78
Price Range (24h):
High: $12.34
Low: $9.62
This indicates strong bullish momentum within the last 24 hours, with the price spiking over $12 before a minor pullback to the current level.
📈 Volume Analysis
24h Volume:
ZEN: 1.70M
USDT: 18.29M
Volume Spikes: A major green volume candle appears just before the price peaked around $12.34, suggesting strong buying pressure during that period.
This volume surge typically signifies a potential breakout or significant market interest, although follow-up candles should be observed for sustained momentum.
🧮 Moving Averages (MA)
MA(5): 11,555.79 (yellow)
MA(10): 7,668.70 (purple)
MA(60): 11.88 (light gray)
Interpretation:
The short-term MA(5) is significantly higher than MA(10), reflecting recent bullish activity.
Current price ($11.99) is above the 60-period moving average, further confirming the bullish sentiment in the short term.
🕒 Time Frame Context
Chart Timeframe: Appears to be set to a minute-level (likely 15m) view, with specific timestamps shown (e.g., 04:46, 04:56, 05:06 UTC).
Sharp increase occurred around 05:06, corresponding with the volume spike.
🔍 Technical Indicators Summary (VOL Tab)
Performance indicators based on historical percentage returns:
Timeframe % Change
Today {+17.43%}
7 Days {+28.10%}
30 Days {+40.73%}
90 Days {+7.25%}
180 Days {-29.26%}
1 Year {+30.33%}
Interpretation:
Short to Mid-Term Trend (7 to 30 Days): Very strong positive returns, indicating current bullish momentum.
Long-Term Trend (180 Days): Still negative, suggesting a longer-term recovery is in progress.
1-Year Performance: A solid +30.33%, confirming a generally upward recovery trajectory.
🔔 Key Observations
1. Breakout Pattern: Sharp upward candle and spike in volume suggest a breakout. Watch for confirmation or retracement.
2. Volume Surge: Correlates closely with the price spike, indicating strong interest or news-based reaction.
3. Resistance Level: Around $12.34 (24h high), may act as near-term resistance.
4. Support Level: Previously held near $9.62, which could act as a strong support.
📌 Conclusion
The ZEN/USDT pair is showing strong bullish behavior in the short term, backed by increased volume and momentum. Traders should monitor closely for:
Sustained volume above MA levels
Resistance breakout above $12.34
Potential retracement if momentum fades
