$ZEN /USDT BULLISH CONTINUATION SETUP
$ZEN is maintaining strong bullish momentum as price trades above key moving averages MA(7), MA(25), and MA(99), confirming a sustained uptrend. The MACD indicator remains positive, indicating growing buying pressure supported by steady volume.
Long Entry: Enter long on a minor pullback near MA(7) to optimize risk.
Targets:
TP1: 8.42 (immediate resistance)
TP2: 8.55 (next resistance level)
Stop Loss: Set stop loss just below MA(25) to limit downside risk.
Risk Management: Maintain a risk-to-reward ratio of at least 1:2. Limit trade size to 1-2% of total capital and employ trailing stops to secure profits as price advances.
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