$ZEN /USDT short trade signal 🔴🚦

SHORT TRADE SIGNAL – BEARISH REJECTION FROM $12.34 SUPPLY ZONE! 🔻

$ZEN pumped over +15% to hit a daily high of $12.34, but the price is now retreating sharply. The long upper wick and the red daily candle forming below $12.00 signal a strong rejection at major resistance. This may mark the beginning of a correction phase.

Trade Setup (SHORT):

Entry Price: $11.60 – $11.80

Target 1: $10.55

Target 2: $9.60

Stop Loss: $12.45

Why Short?

The pair has reached an overextended rally, touching a psychological and structural resistance zone at $12.34. The upper shadow on the daily candle suggests distribution and seller dominance. Unless $12.34 is broken with volume, the path of least resistance is down.

Risk Management Tip:

Protect your capital — don’t hold shorts if price closes above $12.50 with strength. Manage position sizing wisely.

Sell smart — don’t chase green candles when the trend is turning red!

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buy and trade here $ZEN