ZEN showing heavy price action here with clear bearish pressure building.
🔍 Current Situation (4H)
Price: $9.25
Strong downtrend (price below MA7, MA25, MA99)
Lower highs + lower lows structure
Sitting near recent low at $9.20 → weak support, not strong demand yet
➡️ This is bearish continuation territory, not a clean bottom.
📍 Entry Zone (sell on pullback)
$9.55 – $9.75
(Area of MA7/MA25 + previous breakdown zone)
🎯 Targets
TP1: $9.20 (recent low)
TP2: $8.90 (next support zone)
TP3: $8.50 (if market stays weak)
🛑 Stop Loss
$10.05 (above MA25 & structure break)
📌 R:R is strong here because trend is already bearish.#USIranMarketImpact #TrumpCancelsEUTariffThreat #ETHMarketWatch #GrayscaleBNBETFFiling
ZEN
9.159
+1.66%