$ZEN
USDT continues its strong downward momentum on the 1H timeframe, printing consecutive bearish candles with no meaningful reversal signs, indicating sellers remain firmly in control.
š Key Levels:
Support: $6.90 (immediate support), $6.70 (next major support zone)
Resistance: $7.20 and $7.50
Current Price: $6.98
š Trade Setup (Short Entry):
Entry Zone: $6.95 ā $7.05
Take Profits:
TP1: $6.90
TP2: $6.80
TP3: $6.70
Stop Loss: $7.20 (above minor resistance cluster)
š Short Market Outlook: ZEN remains under heavy sell pressure, with lower highs and lower lows confirming the bearish structure. Unless it reclaims above $7.20 with strong volume, further downside towards $6.70 is likely in the coming sessions.
ā ļø Risk Management: Always use a strict stop loss to protect capital. Risk only 1-2% per trade and align position size with your account equity to maintain disciplined execution in these volatile market conditions.
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buy and trade here on $ZEC