$ZEN /USDT

ZEN
ZEN
5.465
-0.40%

Technical Analysis – Long Setup

Current Price: $12.066 (+1.19%)

24h Range: $11.065 – $12.285

24h Volume: 1.77M ZEN / 20.53M USDT

Short-Term Outlook:

Price is holding above $12, showing minor bullish momentum.

Key support sits at $11.50–$11.65, which has been tested recently.

Immediate resistance levels are at $12.50, $13.00, and $13.50.

A break above $12.50 with volume could confirm continuation toward $13.00–$13.50.

Trading Plan (Long Bias):

Entry: $12.05–$12.10

Targets:

T1: $12.50

T2: $13.00

T3: $13.50

Stop Loss: $11.45 (below recent support)

Technical Notes:

Price is slightly consolidating near the $12 psychological level.

Low volatility suggests a potential breakout if volume picks up.

Keep an eye on 24h volume; strong inflow could push toward resistance zones