🚀 ZEN/USDT: Are we preparing for takeoff? 🚀
Today we see an interesting picture on the Horizen (ZEN) chart against USDT! After a sharp drop from a high of $8.757 to $8.647, the coin is showing a strong V-shaped rebound, returning to the current price of $8.707! 💪
📈 What do the indicators tell us?
RSI(6): 68.846 – The indicator is approaching the overbought zone (70), indicating strong buying momentum right now.
Volumes (Vol): We see green volume bars rising during this rebound, confirming that the upward movement is supported by real trades! ✅
Scenario for the next few hours/day:
Bulls in action: Buyers seem to have taken the initiative. If they can break and hold above the local high of $8.757, the next target will be the maximum in 24 hours at $8.889! 🎯
Correction potential: Since the RSI is high, a short pullback for "cooling off" before the next impulse is not excluded. The support level to watch is $8.690. 🛡️
My advice: The momentum is currently positive. Watch for a breakout at $8.757. ZEN may have good potential for a recovery! 🟢
💰 Will ZEN manage to update today's high? Share your thoughts! 👇
