$ZEN /USDT is showing continued bearish pressure on the 1-hour timeframe. After a weak recovery toward the 10.40–10.50 resistance zone, price faced rejection and resumed its downtrend. The structure remains bearish with lower highs and lower lows, indicating sellers are still in control.

As long as price stays below the 10.50 resistance area, downside continuation toward lower support levels is likely.

Trade Setup:

Bias: Bearish

Entry Zone: 10.10 – 10.30

Stop Loss: 10.55

Targets:

TP1: 9.85

TP2: 9.55

TP3: 9.20

This setup is suitable for short-term trades. A strong breakout and sustained move above 10.55 would invalidate the bearish outlook.

ZEN

5.77

-0.53%