🚀 Potential Breakout Setup for $ZEN
! 📈
Looking at the latest chart for $ZEN , we are seeing a tight consolidation phase. With the price hovering near $4.100 and testing the MA60 resistance, a breakout could be imminent if buying pressure builds.
🔹 Entry: $4.095 - $4.105
🎯 TP 1: $4.125
🎯 TP 2: $4.145
🎯 TP 3: $4.170
🛑 Stop Loss: $4.070
💡 Reason: $ZEN is currently squeezing between support levels and the MA60 line. A clean break above the $4.115 resistance would signal bullish momentum, while holding support confirms accumulation. Monitor volume closely for the breakout confirmation.
#CryptoTrading #ZEN #Horizen #TechnicalAnalysis #Bullish
! 📈
Looking at the latest chart for $ZEN , we are seeing a tight consolidation phase. With the price hovering near $4.100 and testing the MA60 resistance, a breakout could be imminent if buying pressure builds.
🔹 Entry: $4.095 - $4.105
🎯 TP 1: $4.125
🎯 TP 2: $4.145
🎯 TP 3: $4.170
🛑 Stop Loss: $4.070
💡 Reason: $ZEN is currently squeezing between support levels and the MA60 line. A clean break above the $4.115 resistance would signal bullish momentum, while holding support confirms accumulation. Monitor volume closely for the breakout confirmation.
#CryptoTrading #ZEN #Horizen #TechnicalAnalysis #Bullish