$ZEN looking heavy within this 4H descending channel structure. šŸ“‰

Price is hugging the range lows at $7.21. While RSI is bordering on oversold, market structure remains strictly bearish until proven otherwise. We are seeing weak reactions at support, indicating seller dominance.

āš”ļø The Play:

- Bearish: Continuity below $7.18 opens the trapdoor to $6.21. Fading rallies into $7.80 is the higher probability setup.

- Bullish:Needs a reclamation of the channel top and an MSB above $8.00 to invalidate the bleed.

šŸš« Invalidation: 4H close > $8.20 flips bias.

#ZEN #CryptoTrading #Short #TechnicalAnalysis