🚀 $ZEN /USDT – Ready for the Next Move?
🎯 Trade Setup (Long Position):
Entry: $11.10 – $11.20
Take Profit (TP): $12.40
Stop Loss (SL): $09.50
Horizen ($ZEN) is showing strong bullish momentum on the 4H chart, with a recent breakout above the key resistance zone near $10.60, now acting as support. Price is currently trading around $11.11, up over 7%, with a clear bounce from the 20 EMA (green line), signaling sustained buyer interest.
📊 Technical Outlook:
Bullish engulfing candles after retest of support zone
Clean rejection of lower levels near $9.00
Uptrend still intact, with a recent peak close to $12.50
20 EMA is acting as a dynamic support
Let's Trade $ZEN