$ZEN
Entry Zone:8.80 – 8.95
Targets
TP1: 9.15
TP2: 9.45
TP3: 10.20
Stop-Loss:8.35
Analysis
$ZEN is currently showing some serious "main character" energy! After a bit of a roller coaster ride, the price has found a solid floor around the 8.38 level. The chart shows a classic recovery attempt where the bulls are trying to push through the moving average clusters.
We are seeing a tightening range—think of it like a spring being compressed. While the momentum is cooling down after the recent dip, the "wicks" on the downside suggest that smart money is quietly absorbing the selling pressure. As long as the price stays cozy above the immediate support, the path of least resistance looks to be upward.
Outlook
The game plan is simple: Hold the line. As long as ZEN stays above the 8.35 mark, the bullish recovery remains on the table. A clean breakout and a sustained hold above 9.15 will be the green light for a rally towards the 9.45 – 10.20 zone. However, if it slips below 8.35, the party might be over for a while, and the bullish setup will be invalidated.#zen #BinanceAlphaAlert $ZEN
