$ZEN rejected strongly from the 13.50 high and is now forming lower highs on the 15m chart. The recent breakdown below 12.90 shows sellers are in control. This move looks like a pullback after distribution, not accumulation.
The 12.90 – 13.05 zone is clear resistance now. As long as price stays below this area, continuation to the downside is more likely. Any strong reclaim above resistance invalidates the short idea.
Scalp Trade Plan
Short
Entry Zone: 12.90 – 13.05
TP1: 12.40
TP2: 12.10
Stop Loss: 13.20
Leverage: 20x – 50x
Margin: 1% – 3%
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Short #ZEN Here 👇👇👇

ZENUSDT
Perp
6.541
-6.07%