📈 $ZEN
• Trading Plan (Long):
• Entry: $8.75 – $8.85
• Stop Loss (SL): $8.58
• Take Profit (TP): $9.05 and $9.43 (TP3: $9.48)
• Key Resistance/Support: Price is ~$8.815, sitting just above the $8.733 (24h low) and the swing support around $8.708. First resistance is the prior range area near $9.05, then $9.43 (24h high).
• Indicators: RSI(12) ~37.6 and RSI(24) ~41.4 (below 50) = weak momentum / near-oversold conditions, bounce-friendly but still fragile. MACD is negative (DIF < DEA, red histogram) = sellers still in control until a reclaim happens.
• Outlook: As long as $8.73–$8.70 holds, this is a rebound setup targeting $9.05 → $9.43. A clean break + hold above $9.05 increases odds of extending to $9.43–$9.48. If price loses $8.70, expect a drop toward the $8.60 area (long invalidation).
