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$ZEN /USDT – Bulls Gaining Control After Breakout

ZENUSDT (Perp)

Current: 9.204 (+8.06%)

ZEN has surged past a key resistance level, hitting $9.16 before a slight pullback. Buyers are clearly in charge, and if support levels hold, another leg up could follow.

📈 Potential Long Setup

Entry Range: $8.98 – $9.09

Stop Loss: Below $8.64

Targets:

• Target 1: $9.44

• Target 2: $9.74

⚠️ Important Note:

Wait for a small dip or a retest before jumping in. This improves the risk-to-reward balance. Always trade with a stop loss and limit your capital exposure.

🔍 What’s Next?

If ZEN stays above $9.00, it’s well-positioned for more upside. A breakout beyond $9.20 would confirm bullish momentum and could trigger a stronger rally.

📊 Technical Insight:

ZEN recently broke out of an ascending triangle on the 4H chart, backed by increasing volume and a successful retest of the old resistance at $8.00—now acting as support. The $8.00–$8.20 zone remains a good buy area if the price dips again.

In Summary:

ZEN’s breakout signals strength. A solid trade setup lies between $8.98–$9.09, with stops below $8.64 and targets at $9.44 and $9.74. Watch for a retest or move above $9.20 for further confirmation.

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