$ZEN overextended — supply rejection

SHORT $ZEN

Entry: 12.5–12.8 (current price or small bounce)

TP1: 11.8

TP2: 10.9

TP3: 9.9

SL: 13.55 (clean break above supply invalidates)

#ZEN made a sharp impulsive push into a higher-timeframe supply zone and showed immediate rejection, signaling exhaustion after the rally.The move was accompanied by a volume spike, often seen in liquidity grabs, increasing the probability of a downside rotation toward lower demand.

ZEN
ZENUSDT
5.931
-3.13%