Trade Signal for $ZEN

Entry Range: $12.20 - $12.80
Action: Sell 📉
SL (Stop Loss): $13.10
TP 1: $11.50
TP 2: $10.90
TP 3: $10.20

🥂 Check Price and Trade Now $ZEN

🚨 Note: Trade at your own risk. DYOR.

Horizen (ZEN) is currently down 7.44%, showing a strong bearish momentum. The high volatility (82.63% volume increase) suggests that traders are actively selling. The price failed to hold key resistance at $13.07, indicating weakness. With a significant drop from its all-time high and no strong reversal signals yet, ZEN is likely to continue declining toward the $10.90 support zone.

Reversal Possibility (Bullish Scenario)

If ZEN breaks above $13.10 with strong volume, a bullish reversal may occur.

Entry Range: $13.10 - $13.50
Action: Buy 📈
SL: $12.00
TP 1: $14.00
TP 2: $15.20
TP 3: $16.50

Reason for Reversal:
A strong bounce from $10.90 may indicate renewed buying interest.
Increased volume above $13.10 would suggest a shift in momentum.
Broader market recovery could drive ZEN higher.

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