$ZEN /USDT: Massive Oversold Bounce Coming? 📉🔄
$ZEN is currently trading at $9.819 (-5.02%). The 1H chart shows the price is hitting extreme levels that often lead to a quick recovery.
Trend: Short-term Bearish but reaching exhaustion.
RSI (6): 26.70 (Deep Oversold zone).
Support: $9.77 (Key floor).
Resistance: $10.06 (Breakout target).
Verdict: With the RSI below 30, ZEN is heavily oversold. Expect a potential bullish bounce toward the $10.00 psychological level soon. Watch for a reversal candle!
Is $9.80 the bottom for ZEN? Drop your thoughts below! 👇
Disclaimer: Not financial advice. DYOR.
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ZENUSDT
Perp
8.895
-8.76%