$ZEN Coin: Short-Term Hype or Quick Correction?

ZEN
ZEN
12.25
-1.67%

$ZEN Coin is currently showing fresh bullish energy after bouncing strongly from its recent low near $7.12. The price has moved above key short-term moving averages, indicating renewed buyer interest and growing short-term hype.

In the next 1–2 days, ZEN may attempt another move toward the $10.50–$11.00 zone if buying volume continues. The recent surge in volume suggests that traders are actively positioning for short-term gains. However, since ZEN is still trading below its long-term resistance, it really remains speculative rather than trend-confirmed.

While early buyers remain in profit, new entries at current levels carry moderate risk. A brief pullback toward $9.20–$9.00 is possible if profit booking begins. Overall, the short-term outlook favors controlled upside with high volatility, making ZEN more suitable for short-term traders than long-term investors at this stage.

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