After a strong bullish push, $ZEN price got rejected from the upper resistance zone and sellers took control aggressively. The structure has shifted from higher highs to a clear breakdown, with price now trading below the key intraday level. Momentum favors sellers, and continuation toward lower liquidity zones is likely as long as price stays below the rejection area.

Trade Setup (Short):

Entry range: 7.95 – 8.20

Target 1: 7.85

Target 2: 7.60

Target 3: 7.35

Stop Loss (SL): 8.30

Market Outlook:

Short-term bias remains bearish. Any pullback into resistance is expected to attract selling pressure, with continuation toward the lower support zone before a meaningful bounce.