$ZEN is about to make another sprint
ZEN shows potential rebound signs after a pullback, currently slightly below the 7-day moving average, and is expected to be relatively weak in the short term. Although ZEN has dropped by 3.70% in the past day, the support level at 33.6 and strong buying power in the range can be solid
The main concern now is the upward pressure that will be faced in the near future
Resistance levels: 40.1 + 39.2
Support level: 33.6
From a technical perspective, it is currently at a critical turning point
Bulls:
Consider building positions around 36.7
Target: 37.80 + 39.20
Stop loss: 35.30
Bears:
Look for short opportunities near 37.2
If it falls below 36.8, adjust the target to 33.7