Here is a professional trade signal post for ZEN/BTC, based on the chart you've provided:
$ZEN/BTC – Bearish Exhaustion or Bounce Opportunity?
ZEN/BTC has dropped to 0.0000797 after hitting a local low of 0.0000788. The downtrend shows signs of slowing, and early buyers may see a bounce if support holds at this zone.
📉 Trade Signal (1H Timeframe):
• Entry Zone: 0.0000795 – 0.0000800
• Stop-Loss: 0.0000782 (below recent low)
🎯 Take-Profit Targets:
• TP1: 0.0000808
• TP2: 0.0000819
• TP3: 0.0000830
📊 Technical Overview:
• Price testing strong horizontal support near 0.0000788
• Potential double-bottom forming on lower timeframes
• A break above 0.0000808 could ignite short-term bullish momentum
This setup offers a calculated risk entry with solid upside potential for swing traders eyeing a trend reversal.
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