🔻 $ZEN Short Setup – Strong Rejection at Resistance | Bearish Continuation Likely

$ZEN is currently holding below a key resistance zone, and price action continues to favor the downside. The attempt to push above 8.9 failed to sustain, with every upward move getting quickly absorbed by sellers. This repeated rejection clearly highlights strong selling pressure and weak buyer follow-through.
Buyers are struggling to defend higher levels, while sellers remain active at resistance — keeping the bearish structure intact. Momentum and structure both suggest that unless price reclaims and holds above resistance, lower levels remain the preferred path.
📉 Short Trade Plan:
Entry Zone: 8.90 – 9.05
Stop Loss: 9.30
Take Profit Targets:
🎯 TP1: 8.40
🎯 TP2: 8.10
🎯 TP3: 7.85
As long as resistance continues to hold, the move toward 8.40 → 8.10 → 7.85 remains the highest-probability scenario. Patience and proper risk management are key here.
⚠️ Trade smart. Protect capital first.