🚨 $ZEN /USDT - Explosive Rally in Progress!
Current Price: $44.61 (+19.76%)
Timeframe: 1H Chart (Binance)
Horizen (ZEN) has witnessed a sharp upward movement, reaching a 24-hour high of $46.28. This breakout marks a strong bullish sentiment with significant trading volume backing the move.
Key Levels:
Entry Zone: $43–$45
Immediate Target: $50
Extended Target: $55
Risk Management:
Stop Loss: $40
Analysis:
ZEN has rallied from a low of $35.60, demonstrating strong accumulation and breakout patterns. A decisive break above $46.28 could lead to a rapid move toward the psychological level of $50, with potential continuation to $55 if bullish momentum persists.
Trading Advice:
Traders should secure partial profits as the price nears $50, while keeping a trailing stop-loss to safeguard gains. Monitor for potential resistance at $46.28, and prepare for volatility near critical levels.
Momentum remains robust—stay vigilant for further opportunities!
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