$ZEN

📊 ZEN Market Snapshot

Current Price: ~$10.07–$11.84 (Up ~13.8% to 17% in 24h)

24h High: $10.80 / 24h Low: $8.85

Market Cap Rank: #171 (Rising fast)

🚀 Why is ZEN Pumped Today?

Base Migration Complete: ZEN has successfully pivoted from a legacy PoW chain to a high-utility ERC-20 token on Base (Coinbase’s L2). This has unlocked massive DeFi liquidity and institutional accessibility.

Confidential Compute Beta: The launch of the Horizen L3 Testnet and the Confidential Compute Environment (Q1 2026 roadmap) is driving the "Privacy for AI" narrative.

Whale Accumulation: Social sentiment spiked following reports of major whale positioning, citing ZEN’s low market cap (~$184M) relative to its privacy peers.

📉 Technical Levels to Watch

The 4-hour chart shows a powerful "Golden Cross" as ZEN reclaims levels not seen in months.

Resistance 1: $10.80 (Today's peak; a breakthrough here targets $11.50).

Resistance 2: $12.30 (Major structural barrier from late 2025).

Support 1: $9.70 (The "SuperTrend" support level; crucial for the bulls to hold).

Support 2: $9.15 (Strong demand zone; formerly a heavy resistance).

💡 Summary Sentiment

ZEN is no longer just a "privacy coin"—it is being repriced as a Modular L3 Infrastructure play. While the RSI is approaching "Overbought" territory (near 70), the high trading volume ($160M+) suggests this isn't a fake-out. Look for a healthy consolidation above $10.00 before the next leg up.

Trader’s Tip: The move to Base means lower fees and higher utility. Keep an eye on ZEN/ETH and ZEN/USDT pairs for volume spikes.

Is ZEN finally ready to reclaim its mid-cap status? 💎🌹

#ZEN #Horizen #PrivacyComputing #BaseEcosystem #MarketRebound #BTC100kNext? #StrategyBTCPurchase #CryptoAnalysis #BinanceSquare