📊 $ZEN is stabilizing near short-term support, and a defensive bounce setup becomes attractive if buyers step in.

Trade Bias: LONG

Entry: $8.90 – $9.05

Stop-loss: $8.65

Targets: $9.60 → $10.00 → $10.40

Price is holding above the $8.85 support after a −6.4% drop, suggesting selling pressure is slowing. RSI around 43 is near the lower neutral zone, where relief bounces often start, and MACD is attempting to turn up.

A successful reclaim of EMA30 near $9.31 increases the probability of a push toward the $9.60 resistance and possibly the psychological $10 area.

This LONG works only while $8.85 holds — a breakdown invalidates the setup and opens downside continuation instead.

ZEN
ZENUSDT
6.898
+2.11%