đš $ZEN /USDT â Bullish Break or Overheated Move? đ„â ïž
$ZEN is pushing higher, now sitting at $7.41 (+3.20%) after touching the dayâs high. With RSI nearing 80, are we set for continuationâor is a correction brewing?
đ Market Overview
đ Current Price: $7.41
đ 24h High: $7.41
âïž 24h Low: $7.15
đ Parabolic SAR: Not triggered yet â uptrend still intact
đ MACD Momentum:
âą Not provided â but RSI and MA levels confirm bullish surge
đ§ Additional Indicators:
âą MA(7): 7.31
âą MA(25): 7.27
âą MA(99): 7.32
âą RSI(6): 79.05 (Overbought zone â caution warranted)
đ ZEN Trade Setup â Key Levels to Watch
đč Bullish Scenario (If ZEN Holds Above $7.30):
âą Entry: Above $7.45
âą Targets: $7.70, $7.93, $8.00+
âą Stop-Loss: $7.09
đč Bearish Scenario (If ZEN Falls Below $7.09):
âą Entry: Below $7.09
âą Targets: $6.78, $6.55, $6.48
âą Stop-Loss: $7.45
đ Should You Hold or Sell?
â RSI suggests strong momentum, but itâs overextended
â Holding above MA(99) = bullish confirmation
â ïž High RSI + sharp move = be ready for quick pullbacks
đĄ Pro Tip:
đ If ZEN closes above $7.70 with strong volumeânext leg could be $8+
â ïž Overbought RSI means use tight stop-loss if you're entering late
đą ZEN tradersâare you riding the wave or taking profits here? Letâs discuss!
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