$ZEN /USDT
$ZEN experienced a long liquidation near $7.36, flushing out emotional buyers after price failed to sustain higher levels. For a relatively higher-priced asset, this type of move often signals a short-term bottom, not a breakdown of the trend.
Selling pressure is fading, and price is reacting around a strong demand zone.
EP: $7.36 – $7.10
TP: $7.75, $8.20, $8.85
SL: $6.85
This setup requires patience. Let the market confirm strength before committing.
ZENUSDT
Perp
7.483
-5.64%