#ZEN Ready to Make a Major Move From Key Support Level
Updated
Yello, Paradisers! Is #Horizen (#ZEN) on the verge of a massive breakout or are we about to see a fake-out and a plunge? Let’s dive in:
💎#ZENUSDT is sitting at a crucial moment, testing the boundaries of a symmetrical triangle formation. After bouncing off the support zone of $6.94-$7.27, it’s showing signs of a breakout from this pattern. This breakout will increase the probability of a massive move toward internal resistance.
💎To confirm a move higher, #ZEN needs to clear $9.98—a critical internal resistance level. Breaking this could be the spark that ignites a rally towards the major resistance zone, potentially triggering a powerful upward push.
💎But if #ZEN starts losing momentum, watch out for a pullback to retest the support around $6.94-$7.27. A failure to hold this area would shift the outlook bearish, bringing the $6.05 demand zone into play.
💎A breakdown below $6.05 would signal the bulls are out of steam, and we could see further downside pressure. This invalidates the bullish setup, giving the bears complete control.
Be patient, play it safe, and always wait for confirmed breakouts or breakdowns before jumping in.
MyCryptoParadise
iFeel the success🌴
💎#ZENUSDT is sitting at a crucial moment, testing the boundaries of a symmetrical triangle formation. After bouncing off the support zone of $6.94-$7.27, it’s showing signs of a breakout from this pattern. This breakout will increase the probability of a massive move toward internal resistance.
💎To confirm a move higher, #ZEN needs to clear $9.98—a critical internal resistance level. Breaking this could be the spark that ignites a rally towards the major resistance zone, potentially triggering a powerful upward push.
💎But if #ZEN starts losing momentum, watch out for a pullback to retest the support around $6.94-$7.27. A failure to hold this area would shift the outlook bearish, bringing the $6.05 demand zone into play.
💎A breakdown below $6.05 would signal the bulls are out of steam, and we could see further downside pressure. This invalidates the bullish setup, giving the bears complete control.
Be patient, play it safe, and always wait for confirmed breakouts or breakdowns before jumping in.
MyCryptoParadise
iFeel the success🌴
Trade active
💎Bingo! #ZENUSDT is dancing to our tune, up 54.85% just like we predicted...
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Follow a team of traders with 10+ years of experience?
GO FREE👉 t.me/+BPd2gjl6OHZjYmQ0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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