$ZEN /USDT: Extreme Oversold! Time to Bounce? 📉🔄

$ZEN is currently trading at $9.42 and feeling heavy bearish pressure. However, technical indicators suggest the selling might be exhausted!

Trend: Bearish (Price hugging lower Bollinger Band).

RSI (6): 27.52 (Deep Oversold zone – Signal for a potential rally).

Support: $9.38 | Resistance: $9.62

Verdict: While the trend is down, the extremely low RSI suggests a Bullish Reversal or relief bounce is imminent. Watch for a bounce back toward $9.70!

Will ZEN hold $9.38 or dump to $9.00? Let me know! 👇

Disclaimer: Not financial advice. DYOR.

#ZEN #BinanceSquare #WriteToEarn #CryptoAnalysis #Oversold

ZENUSDT

Perp

9.287

+3.10%