Here's a concise technical overview and sentiment analysis for $ZEN
/USDT Perpetual Futures ๐๐:
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๐ ZEN/USDT Snapshot
Metric Value
Last Price $9.707 ๐ป
INR Equivalent โน2,766.50 (-5.07%) ๐
Mark Price $9.714
24h High $10.265
24h Low $9.124
24h Vol (ZEN) 2.93M ๐ช
24h Vol (USDT) $28.00M ๐ฐ
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๐ Technical Indicators
Indicator Value
Vol (Current) 13,887
MA (5) 22,763.4 ๐ฝ
MA (10) 38,595.8 ๐ฝ
๐ Volume and MAs trending down โ short-term bearish pressure
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๐ Key Price Levels
๐บ Resistance
$9.946 โ Short-term resistance
$10.265 โ 24h high / breakout level
๐ป Support
$9.430 โ Minor support
$9.124 โ Strong 24h support zone
$9.00 โ Psychological round level
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๐ง Market Sentiment
๐ฅ Bearish sentiment dominant
๐ Rejected near $10.26, now testing $9.70โ$9.60 zone
๐ Moving averages and volume suggest fading bullish momentum
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โ๏ธ Trade Idea Zones
๐ Reversal Play (High Risk)
Entry: $9.12 โ $9.25
Target: $9.90 โ $10.20
Stop: $8.95
๐ป Trend Continuation
Entry: $9.90 โ $10.00 (if retest fails)
Target: $9.30
Stop: $10.30
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๐ Summary
๐ Down ~5% in 24h
๐ป Strong rejection from $10.26, support at $9.12
โฌ๏ธ Volume and MAs are falling โ weak buyers
๐ Watch $9.12โ$9.25 zone for potential bounce
โ If $9.00 breaks, expect further downside pressure
Would you like a trendline chart or RSI/MACD breakdown? ๐๐