š$ZEN
BEARISH TECHNICAL ANALYSIS ā SELLERS GAINING MOMENTUM
$ZEN is showing signs of weakness after facing rejection near the 10.691ā10.800 resistance zone. Price is forming lower highs and struggling to maintain above immediate support, indicating bearish pressure. A break below 10.280 could trigger further downside toward key support levels.
TECHNICAL OUTLOOK
ā¢ Rejection near 10.691ā10.800 resistance highlights weakening buyers.
ā¢ Lower highs on intraday charts confirm bearish momentum.
ā¢ Breach of 10.280 support may accelerate the downward move toward 10.200.
TARGET LEVELS
ā¢ TP1: 10.200
ā¢ TP2: 10.000
ā¢ TP3: 9.800
STOP LOSS
ā¢ SL: Above 10.800 resistance zone
RISK MANAGEMENT
Risk 1ā2% per trade, maintain strict SL, and avoid overleveraging during volatile conditions.