$ZEN — Rejection From Resistance | Short Bias
$ZEN has pushed into a major resistance zone after an extended bullish run and is now showing clear signs of exhaustion. The sharp spike into the highs appears to be a liquidity grab, followed by a swift pullback and weak continuation — a classic sign of buyers losing control.
Price is failing to reclaim the prior breakout level, shifting market structure in favor of a corrective move. As long as $ZEN remains below the resistance band, downside continuation remains the higher-probability scenario.
Trade Setup (SHORT):
• Entry Zone: 9.90 – 10.05
• Targets:
• TP1: 9.62
• TP2: 9.36
• TP3: 9.12
• Stop Loss: 10.15
Trade with discipline, manage risk, and let structure confirm the move.
#BTC90kChristmas #WriteToEarnUpgrade #BinanceAlphaAlert #AltcoinSeasonComing?