$ZEN is bouncing from the 7.11 low, but the move still looks corrective rather than a confirmed reversal. Sellers are active on rallies.

Key Levels

Resistance: 8.05–8.20

Support: 7.40–7.50

Breakdown: Below 7.40 → risk back toward 7.10

Bias Neutral for now. A clean hold above 8.20 is needed for bullish continuation; otherwise, expect range behavior and possible pullbacks.