🚨 $ZEN /USDT – Bullish Break or Overheated Move? 🔥⚠️
$ZEN is pushing higher, now sitting at $7.41 (+3.20%) after touching the day’s high. With RSI nearing 80, are we set for continuation—or is a correction brewing?
📊 Market Overview
📍 Current Price: $7.41
📈 24h High: $7.41
❄️ 24h Low: $7.15
📊 Parabolic SAR: Not triggered yet – uptrend still intact
📉 MACD Momentum:
• Not provided – but RSI and MA levels confirm bullish surge
🧠 Additional Indicators:
• MA(7): 7.31
• MA(25): 7.27
• MA(99): 7.32
• RSI(6): 79.05 (Overbought zone – caution warranted)
📈 ZEN Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ZEN Holds Above $7.30):
• Entry: Above $7.45
• Targets: $7.70, $7.93, $8.00+
• Stop-Loss: $7.09
🔹 Bearish Scenario (If ZEN Falls Below $7.09):
• Entry: Below $7.09
• Targets: $6.78, $6.55, $6.48
• Stop-Loss: $7.45
🔍 Should You Hold or Sell?
✅ RSI suggests strong momentum, but it’s overextended
✅ Holding above MA(99) = bullish confirmation
⚠️ High RSI + sharp move = be ready for quick pullbacks
💡 Pro Tip:
📈 If ZEN closes above $7.70 with strong volume—next leg could be $8+
⚠️ Overbought RSI means use tight stop-loss if you're entering late
📢 ZEN traders—are you riding the wave or taking profits here? Let’s discuss!
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