$ZEN is showing a bullish structure with clear consolidation signals. The trend favors continuation, and I’m looking for a long entry on a pullback for optimal risk-to-reward.
Market Structure & Volume
On the 1H timeframe, upward moves were supported by rising volume (around 1.96M), confirming bullish momentum. Recently, volume has tapered off, which typically signals healthy consolidation rather than weakness.
Capital Flow Insight
Short-term capital flows remain constructive:
• 1H: +2.2M
• 4H: +2.6M
This reflects ongoing buying pressure. However, the 3D net outflow (-32M) suggests some higher-timeframe caution, reinforcing the idea of waiting for a pullback or a confirmed breakout.
Trade Plan –
$ZEN LONG
• Pullback Entry Zone: 11.25 – 11.45 USDT
(Confluence of MA20 and lower Bollinger Band)
• Alternative Entry: Breakout above 12.41 USDT with strong volume for continuation confirmation
• Stop Loss: 10.98 USDT
(Below key support)
• Targets: 12.85 – 13.20 USDT
(Previous highs and resistance zone)
Patience is key here. Let price come to you or confirm strength with volume.
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ZENUSDT | Perp
Price: 12.10 USDT
+2.25%
#ZEN #ZENUSDT #Horizen #CryptoTrading
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