$ZEN — 4H Long Setup Amid Bear Trap Debate
While some call it a bear trap, the 4H chart signals a potential LONG. Price is coiling in the 5.964 – 5.999 entry zone with oversold RSI (~34) on lower timeframes, suggesting a bounce is likely.
Long $ZEN
• Entry: 5.964 – 5.999
• SL: 5.876772
Targets:
🎯 TP1: 6.087228
🎯 TP2: 6.122304
🎯 TP3: 6.192456
4H momentum favors bulls — but is this a genuine reversal or just a dead cat bounce?
ZENUSDT
Διην.
7.236
+1.67%