💎 ZEN has recently displayed notable market dynamics, particularly as it rests on a support area, which is crucial for sustaining its upward momentum. A bounce from this support zone is essential for ZEN to continue its upward trajectory.
💎 Should ZEN successfully bounce from the support, it has the probability to resume its upward movement, aiming to break through the local resistance at $15.7.
💎 However, if ZEN fails to find support at the current level and breaks below the support area, it will signify weakness and could lead to further downward movement. In such a scenario, the next potential stop for ZEN would be at the lower support area around $9.6.
💎 Therefore, it is imperative for ZEN to bounce from the support area and reclaim levels above it to maintain its bullish momentum. Failure to do so could result in a continuation of the downward movement.
💎 Should ZEN successfully bounce from the support, it has the probability to resume its upward movement, aiming to break through the local resistance at $15.7.
💎 However, if ZEN fails to find support at the current level and breaks below the support area, it will signify weakness and could lead to further downward movement. In such a scenario, the next potential stop for ZEN would be at the lower support area around $9.6.
💎 Therefore, it is imperative for ZEN to bounce from the support area and reclaim levels above it to maintain its bullish momentum. Failure to do so could result in a continuation of the downward movement.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.