$ZEN Alert: Rising 🔥 💯 Bullish Momentum – Strong Recovery from Local Lows!
It impressively bounced back from the low at $8.24, rising to a recent high of $11.23 before stabilizing near $9.98 — indicating a strong movement of +14% today.
With increased volume and the formation of higher lows, the bulls are showing control after reclaiming the support area at $9.50.
$ZEN formed a deep wick below $8.30 and was quickly bought with strong bullish candles.
The recent test at $11.23 shows potential for upside, especially if the price reclaims $10.60 in the next push.
Momentum is increasing, and a continuation of the recovery seems likely.
Trade Setup (Long):
Entry Price: $9.80 – $10.10
Targets:
1: $11.00
2: $11.90
3: $12.50
Stop Loss: $9.20
Risk Management Advice:
Set the stop loss below the support area at $9.20 to avoid traps.
Use a trailing stop loss once the price breaks $11.00 to protect profits.
Buy and trade here on $ZEN
