$ZEN / USDT – Sharp Dump Resets Structure
$ZEN dropped from $12.83 to $11.94, losing roughly 7% as selling pressure increased quickly. The move suggests that prior support failed, allowing sellers to dominate price action. Such dumps often reset market structure and require time before confidence rebuilds.
Potential Entry Zone:
$11.80 – $12.00
Downside Targets:
• Target 1: $11.40
• Target 2: $10.90
• Extended Target: $10.30
Protective Zone:
Stop-Loss: $12.35
A recovery above this level would hint at stabilization.
Market Bias: Short-Term Bearish
Price remains weak until buyers reclaim key levels.
ZEN
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