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$ZEN /USDT Ignites with +26% Surge – Is This the Next Big Move? 🔥
The crypto charts are lit up today as ZEN/USDT rockets to $10.61, marking an impressive +26.01% gain in just 24 hours!
📊 Current Snapshot:
Price: $10.61
24H High: $11.23
24H Low: $8.32
Volume (USDT): 18.25M
Volume (ZEN): 1.84M
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🔍 Market Structure Breakdown:
The 3-minute chart reveals a strong breakout above resistance, pushing prices to a local high of $11.23 before cooling off.
Support Zone: $10.36 (short-term), $9.88 (MA(99) – mid-term trendline)
Resistance Levels: $10.85 (minor), $11.23 (local top)
The price is consolidating just under the MA(25) ($10.76), while the MA(7) ($10.64) is starting to flatten — a sign of a potential squeeze and decision point.
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📈 Potential Trade Setups:
🔹 Bullish Scenario:
Entry: Breakout above $10.85
Target 1: $11.23
Target 2: $11.50+ if momentum holds
Stop Loss: Below $10.36 (key short-term support)
Risk/Reward Ratio: ~2:1
🔻 Bearish Scenario:
Entry: Breakdown below $10.36
Target 1: $9.88 (MA(99))
Target 2: $9.39 (previous breakout base)
Stop Loss: Above $10.85
Risk/Reward Ratio: ~2.5:1
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💡 Expert Insight: "ZEN's explosive move is powered by volume spikes and technical alignment on multiple MAs. If the price reclaims and holds above $10.85 with volume confirmation, we could see another leg up. However, failure to hold $10.36 may trigger a pullback to the 99-period MA."
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🚀 Ready to Trade the Next ZEN Move? Drop your game plan below! 📉📈
Are you riding the breakout, or prepping for the dip?
👉 Comment your setups, tag your trading buddies, and let’s break this chart down together!
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