$ZEN /USDT BEARISH REJECTION — PULLBACK INCOMING ⚠️
$ZEN is struggling to sustain levels above MA25 (5.334) and MA7 (5.188), signaling bearish pressure. Price is testing immediate support at 5.115–5.127, with momentum favoring sellers. Expect a pullback toward key support zones before any meaningful bullish attempt.
📊 Trade Setup
🔴 Entry Zone (Short Bias): 5.188 – 5.127
🎯 Take Profits:
TP1: 5.047
TP2: 5.010
TP3: 4.980 (extended bearish scenario)
🛑 Stop Loss: 5.210 (above MA7 resistance)
🔎 Market Outlook
Momentum: Bearish; lower highs and lower lows forming.
Trend: Downtrend confirmed below MA25 and MA99.
Key Levels: Resistance at 5.334 / 5.490, Support at 5.047 / 5.010
Volume: Low, indicating weak buying pressure to reverse trend
ZECUSDT
Perp
221.42
+2.04%
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