$ZEN /USDT — BEARISH CONTINUATION SETUP
SHORT $ZEN 🟥
Entry: 5.760549 – 5.79145
Stop Loss: 5.868703 🛑
🎯 TP1: 5.683297
🎯 TP2: 5.652396
🎯 TP3: 5.590594
Structure Overview:
1D trend remains firmly bearish — lower highs & sustained sell pressure.
Current 4H push into 5.76–5.79 looks like a relief bounce into supply.
As long as price stays below 5.868 → bearish structure intact.
Rejection inside entry zone strengthens downside continuation probability.
Below 5.68 → momentum likely accelerates toward 5.65 liquidity pocket.
Extension target 5.59 if sellers stay aggressive.
If 5.868 breaks and holds → short thesis invalidated.
This is a trend-continuation trade — not a reversal play.
Respect the stop. Manage risk.
Trade the confirmation, not the bias.
DYOR.
ZENUSDT
Löpande
5.761
-0.41%