Here's a full breakdown and trading analysis of $ZEN
/USDT (Perpetual Futures) 🧠📉:
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📊 ZEN/USDT Market Snapshot
📌 Metric Value
🔺 24h High $9.906
🔻 24h Low $8.739
💰 Last Price $8.835
📉 Mark Price $8.829
INR Value ₹2,517.09 (-5.08%) ❌
💵 24h Vol (USDT) $22.65M
📦 24h Vol (ZEN) 2.41M ZEN
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📈 Technical Indicators
📉 Indicator Value Trend/Sentiment
MA(5) 📉 153,656.7 ZEN 🔼 Buyer active short-term
MA(10) 📉 113,751.6 ZEN 🔽 Recent sell pressure
Volume 98,785.8 ⚠️ Moderate Liquidity
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🧱 Support & Resistance Zones
🔼 Resistance Levels
$9.35 – $10.03
Strong overhead selling zone. Previous bounce failed near $10.29.
🔽 Support Levels
$8.74 – $8.66
Crucial support — retesting this zone could invite further sell-off down to $8.40.
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🎯 Trade Setups
✅ Bounce Long (Aggressive)
Entry: $8.75 – $8.85
Target: $9.30 – $9.60
Stop-loss: $8.65
📊 Reason: Support region is being defended. Could give 3–5% upside if market stabilizes.
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⚠️ Breakdown Short
Trigger: Candle close below $8.70
Target: $8.40 → $8.10
Stop-loss: $8.95
💡 Note: Momentum is still weak — breakdown likely without strong bounce.
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🔍 Trend Summary
Market Sentiment: 😟 Bearish
Short-Term Opportunity: 🎯 Bounce or fade
Medium-Term Risk: ⚠️ Below $8.65 = bearish continuation
Recovery Needs: Price to reclaim $9.68+ to shift bias bullish
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🧾 TL;DR
🔻 Down -5.08%
🛡️ Support at $8.74
🎢 High volatility zone
🐻 Trend: Bearish
🎯 Scalping potential: Yes
🚨 Key Watch Level: $8.70
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