$ZEN Setup
Current Price: $7.33
— Context: Price recently swept short-term Equal Highs (EQH) and was instantly rejected from a clean 4H supply zone ($7.85–$8.00), confirming overhead weakness. Structure remains in a consistent downtrend with weak bullish attempts unable to close above previous major swing levels.
— Entry (Short): Any retest into $7.60–$7.85 is ideal for sellers
— Stop Loss: Above $8.10
— Targets:
• TP1: $7.00 – intraday support
• TP2: $6.50 – HTF strong demand and range low
Until bulls reclaim the $8.00 supply with strength, this chart leans bearish. Expect continuation toward range lows unless invalidated.
