$ZEN
a strong technical setup for $ZEN, and the momentum looks encouraging:
Key Technical Breakdown:
Support Zone ($9.40–$9.55): Holding this zone means bulls are defending the recent breakout.
Immediate Resistance ($9.85): A break above this level, especially with increasing volume, would likely confirm continuation.
Bullish Targets:
TP1: $10.10 — psychological + round number, also minor previous supply.
TP2: $10.45 — aligns with a potential measured move from the $8.84 low.
What to Watch:
Volume Confirmation: Watch for a surge in volume as price pushes $9.85. Without volume, a false breakout risk increases.
RSI & Momentum Indicators: Staying above 60 on RSI (1h or 4h) would support the bullish scenario.
Verdict:
If bulls break $9.85 convincingly with volume, the next leg toward $10.10–$10.45 is very plausible. However, rejection at $9.85 could lead to a retest of the $9.40–$9.55 support.
buy and trade here $ZEN .