$ZEN continues its bearish trajectory, trading below all moving averages with declining momentum. Price consolidated near $9.30 support after a sharp sell-off. Volume dried up post-December spike. Structure remains weak with MAs acting as resistance. Minor bounce potential exists from oversold conditions, but the trend clearly favors sellers. Caution warranted.

Trading Levels:

TP1: $9.75
TP2: $10.30
TP3: $10.90

Stop Loss: $8.95

ZEN

8.293

-5.56%

ZENUSDT

Perp

8.284

-5.48%