ZEN's recent rally is truly impressive—straight up from a low of $8.640 with strong momentum. The price surged to a new high of $10.247, then pulled back and stabilized around $9.954, up 13.20% daily, indicating that big players have been accumulating at the bottom for a while and are now starting to exert force. 24-hour trading volume exceeded 66.55 million USDT, with over 7.14 million in volume accompanying the entire rally. The sharp increase in trading volume essentially confirms that this is not a false move; real money is entering the market.

How should one operate at this level? My advice is—don't chase the high. Wait for a pullback to the $9.50-$9.80 range, and enter with a small position for more peace of mind, especially if you position near recent support levels for greater stability. If setting targets, first aim for $10.00, then $10.25. If it can break the previous high, continuing to $10.50 is not a dream. Set stop-loss at $9.30; once it falls below this line, the short-term upward momentum is likely to reverse.

Looking at the overall cycle data: 7-day gain of 9.83%, 30-day gain of 15.61%, which shows that the medium-term bullish trend is still intact. Although the long-term data—down 22.77% over 90 days and down 57.57% over a year—looks frightening, the short-term trend is very clear now. Holding the $9.30 support line, the bulls still have a chance. Short sellers entering now are purely giving away their positions; in the face of such violent upward movement, contrarian trading only leads to being crushed. For long positions, patience is key—wait for a lower entry point to position yourself, so you can steadily enjoy the benefits of this rally. Also, don't forget to control your position size and leave room for risk management.