$ZEN /USDT: Privacy Narrative Ignites a Bullish Surge! ๐
Horizen ($ZEN) is making major waves in the market today, breaking through key resistance levels with a significant +25.32% surge, reaching approximately $12.51. This explosive move comes as privacy-focused assets regain massive momentum across the sector.
๐ Key Technical Highlights:
The Breakout: After reclaiming critical support at $9.05, ZEN has extended its bullish phase, smashing through the $11.50 resistance level.
Moving Averages: On the 4-hour chart, ZEN is firmly bullish with a rising 50-day moving average, signaling a strong short-term trend.
Momentum Indicators: Technical indicators show a "Strong Buy" sentiment (85%), while the RSI remains around 71.9, indicating intense buying pressure but entering overbought territory.
Volume Explosion: 24h trading volume has spiked significantly to over $155M, confirming strong market conviction behind this move.
๐ก Why is Horizen Pumping?
Privacy Sector Rotation: Investors are rotating capital into privacy tokens like $ZEN, $DASH, and $XMR due to renewed concerns over regulatory surveillance expansion and the U.S. "Clarity Act".
L3 Migration on Base: Horizenโs recent successful migration to Base as a Layer 3 appchain has unlocked fresh DeFi liquidity and EVM compatibility.
2026 Roadmap Optimism: The community is eyeing the upcoming Confidential Compute Launch (Q1 2026) and the re-launch of ZEN staking.
Whale Activity: Reports of major "whale" accumulations have fueled retail FOMO, pushing prices higher.
๐ Levels to Watch:
Immediate Resistance: $12.80 (current 7-day high). A sustained break here could target psychological levels near $15.10.
Key Support: $11.50 and the pivotal $9.05 zone.
Are you riding the $ZEN wave, or waiting for a dip? Letโs hear your targets! ๐ฏ๐
#ZEN #Horizen #CryptoAnalysis #PrivacyCoins #AltcoinSeason $ZEN
