$ZEN / USDT (1H) — Breakout Retest
Bias: Long
Entry (Zone): 5.90 – 5.98
Targets:
TP1: 6.07
TP2: 6.40
TP3: 6.80
Stop Loss: 5.58
Why this Setup:
$ZEN is coming off a strong push higher and is now sitting around 5.96, right on a key reclaim/retest area near the mid-5.9s. The pullback looks controlled after tagging the local high (~6.07), suggesting buyers are defending and looking for continuation. If price holds the 5.90–5.98 zone, a retest of 6.07 is the first logical move, and a clean break above that opens room toward the higher extension targets. Invalidation is below the recent swing base, keeping risk defined if the breakout fails.
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ZENUSDT
Perp
6.157
-5.08%