🚀 $ZEN /USDT: The Silent Accumulation Play 💎
The chart is screaming "Reversal in Progress." After a sharp drop to the $9.61 support level, $ZEN is printing a classic "Rounded Bottom" on the 1H timeframe. We are currently testing the MA(7) and MA(25) crossover—if this holds, the next leg up could be explosive.
📉 Technical Breakdown:
Strong Support: Firm floor established at $9.615. The bulls defended this level twice, forming a double-bottom structure.
Moving Average Convergence: The price is squeezing between the short-term MA(25) (10.05) and the long-term MA(99) (10.32). A breakout above the purple line (MA99) is our "Green Light."
Volume Profile: Selling pressure is exhausting. Notice the decreasing red bars as we consolidate—buyers are quietly stepping in.
⚡ The Trade Setup (The "Rebound" Strategy)
Entry Zone: $10.15 – $10.25 (Look for a 1H candle close above $10.30 for extra confirmation).
Target 1 (Conservative): $10.53 (Previous 24h High).
Target 2 (Mid-term): $11.07 (Major psychological resistance).
Target 3 (Moon): $11.66 (The pre-dump origin).
Stop Loss: $9.55 (Just below the local swing low).
🔥 Why this is unique?
Most people are chasing the current pumps, but the real money is made in the "POW" (Proof of Work) category like Horizen before the trend rotates back. With a Risk/Reward ratio of nearly 1:3, this setup offers a clean invalidation point with massive upside potential.
