#ZEN — Downtrend Base Forming, Momentum Rebound
ZENUSDT
Perp
8.229
-3.96%
ZEN has pushed into a local demand zone after an extended downside move and is now showing a sharp rebound, with RSI lifting into bullish territory and price attempting to build a short-term base. As long as buyers continue to defend the recent lows, upside continuation toward the upper intraday resistance remains possible.
Trade : Long
Entry Zone: 8.55 – 8.70
Targets:
TP1: 8.95
TP2: 9.30
TP3: 9.75
Stop Loss: 8.30
Bullish recovery stays valid while price holds above the 8.50 support zone. A clean break above 8.95 can accelerate momentum toward the higher resistance band.