$ZEN /USDT – BULLISH REVERSAL IN PLAY 🚀🔥
📈 Current Price: $8.51
🕰️ Timeframe: 4H
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🔍 TECHNICAL ANALYSIS OVERVIEW
$ZEN /USDT is showing early signs of a bullish reversal, holding above the key MA levels (7 & 25), and bouncing strong off the recent $8.31 low.
📈 MA(7): $8.49
📈 MA(25): $8.43
⚠️ MA(99): $8.59 (acting as short-term resistance)
MACD shows momentum shifting to the upside, and price forming a potential higher low structure – classic reversal signal.
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📊 KEY LEVELS
🔼 Resistance:
$8.59 – MA(99) & horizontal resistance
$8.80 – Breakout point
$8.91 – 24h high
🛡️ Support:
$8.43 – MA(25) support
$8.31 – Recent swing low
$8.28 – Key breakdown invalidation zone
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📈 TRADE SETUP: LONG ENTRY
🚪 Entry: $8.45 – $8.52 (on retest or continuation)
🎯 Targets:
TP1: $8.80
TP2: $8.91
TP3: $9.20 (if momentum sustains)
🛑 Stop Loss: $8.28 (below key support structure)
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🔐 RISK MANAGEMENT
⚖️ Risk only 1-2% of capital per trade. Let the setup play out with defined SL. Avoid chasing pumps – plan, enter, manage. 💡📊
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🔥 /USDT is showing bullish strength – eyes on breakout above $8.59 for continuation!
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