$ZEN Short-term reversal and continuation
Zain showed a sharp rebound from the 12.90–13.00 zone, and now found strong support around 11.40–11.50. The price has rebounded strongly and returned to the 12.00 area, indicating buyers returning after the correction.
Market structure
Strong breakdown from the local peak, followed by a clear base formation
Clear support maintained near 11.40–11.50
Bullish reversal with higher lows on the 15-minute chart
Trading setup (Buy)
Entry zone:
11.70 – 12.05
Targets:
Target 1: 12.40
Target 2: 12.80
Target 3: 13.30
Stop loss:
Below 11.40
As long as Zain remains above the 11.40 support zone, the structure favors an additional upward move toward the resistance range of 12.40–13.30. Take profits gradually and manage risks strictly.
$ZEN
ZEN
5.913
+0.83%
$ZEC
ZEC
234.04
-3.44%