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ZEN's recent trend has attracted a lot of attention. Currently, the price is around $9.5, up 6.12% from earlier, and bullish signals are beginning to emerge.
The key point is that ZEN has successfully held the $9.00 support level, which is crucial for the continuation of the overall upward trend. From the 4-hour and 1-hour candlestick charts, buyer strength appears quite active. The market shows a typical pattern of higher lows and higher highs, indicating that the bottom is gradually lifting, and there is a chance to challenge recent highs next.
If you are planning to participate, the $9.45 to $9.50 range is a good entry point. Looking upward, there are three key price levels to watch closely. First is around $9.80, which is both a short-term resistance zone and an integer milestone; next is $10.00, an important psychological and resistance level from a technical perspective; finally, $10.20, which corresponds to the highest point in the past 24 hours. Breaking through this level would indicate that bullish momentum has been established.
For risk management, it is recommended to set a stop-loss at $9.10, just below the recent support. If this level is broken, it would mean the previous analysis has been invalidated. The support zone is between $9.20 and $9.10, while resistance is concentrated between $9.80 and $10.20. As long as the $9.10 support holds, the bullish outlook remains intact. If the price successfully breaks through $10.00, it may accelerate toward $10.20 or higher.