$ZEN is pressing into a decision zone. After a fast push to $13.09, momentum is strong, but price is now stalling under resistance with rejection wicks a classic spot for a short-term fade.

Trade Idea: SHORT ZEN

Entry: $13.00 – $13.20

Stop loss: $14.40

Target 1: $12.30

Target 2: $11.50

Target 3: $11.00

Why short?

$ZEN just bounced from $12.1 → $13+ with heavy volume, but the zone $12.88–13.06 is acting as supply. Recent candles show upper wicks, meaning buyers are getting absorbed.

If ZEN fails to hold above $13, profit-taking can drag price back into the demand pocket at $12.3–11.5. A clean break under $12 accelerates the move toward $11.

Bias stays short-term bearish below $13.3 sell the rejection, not the breakout.

ZEN
ZENUSDT
12.27
-1.38%