Have any brothers noticed ZEN's recent trend? This wave of pullback has already approached 500 points, but looking at the chart, there are actually no signs of a bad market.



From a technical perspective, the overall direction of ZEN remains upward. Throughout the pullback, the price repeatedly confirmed support near the key moving averages MA30 and MA100, and it is also oscillating along the middle band of the Bollinger Bands. What does this indicate? It shows that the funds in the market are more engaged in rotation rather than collective panic selling.

As long as the overall structure of the trendline and mid-term moving averages is not broken, this kind of correction is actually an opportunity for patient traders. The market will never go up forever; adjustments are a normal rhythm. In the short term, we focus on rhythm, but in the medium term, it’s more important to see if the structure remains intact. If the direction hasn't changed, there's no need to be scared and run away because of a few candlesticks.

Study the charts more, clarify your thoughts before making decisions, and don’t be led by market fluctuations. The market will always give opportunities to those who stay calm.
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LadderToolGuy
· 01-19 08:12
Well, MA30 is indeed holding up. No need to be afraid this time.

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Just turn over the turnover, as long as it doesn't break the midline, there's still hope.

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It's obvious already; those rushing to sell are just naive traders.

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What are 500 points? Let's see if it can be pushed further down.

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The structure is still intact. I'm here, straightforward and simple.

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Calm people have already been lurking. Those still shouting now, go ahead and shout.
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Rugpull幸存者
· 01-17 07:15
Damn, it's the same old rhetoric. Not getting crushed is a good thing.

Making a profit shows vision, losing is just a correction. This kind of excuse is really impressive.

MA30 support is a joke. Wait until it breaks down to see if the structure is complete or not.

The words are correct, but who can really stay calm and not get scared away? Easy to say.

Be patient? My wallet doesn't have that patience.
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MrDecoder
· 01-16 14:51
Hmm, the MA30 support is holding quite well. This wave isn't a run but a shakeout, I believe it.
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LiquidationTherapist
· 01-16 14:50
I've been watching ZEN's moves for a while, and both MA30 and MA100 are still holding up, indicating that no one is really panicking.

Those who were scared off by 500 points have truly lost experience; I'm continuing to add positions and wait.

As long as the structure remains, there's nothing to fear. Hold on to it.
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tx_or_didn't_happen
· 01-16 14:46
Damn, you're talking about structure again. I just want to know when it will bounce back.

The idea of MA30 sticking to the middle Bollinger Band still sounds somewhat reasonable. If it turns over, then turn over.

Wait, is this 500-point drop really just a shakeout? That's a bit suspicious, brother.

Looking at the chart calmly, this is correct, but what do I do if I have no bullets left?

If the structure isn't broken, keep holding. I agree with this logic.
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NFTHoarder
· 01-16 14:31
Pullbacks are just pullbacks; as long as the structure isn't broken, there's nothing to fear.

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500 points, so what? Just focus on the moving average support.

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This round of turnover is indeed a low-entry opportunity; the key is whether you have patience.

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The middle band of the Bollinger Bands repeatedly confirms; I have to say, this analysis is quite reliable.

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Those scared away by the K-line are just here to harvest the leeks.

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The structure remains intact and the direction unchanged; I still believe in this wave.

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The real test is your mentality; don't let volatility hijack you.

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The MA30 and MA100 lines are holding tightly, indicating big funds are supporting the market.

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Adjustment is just an adjustment; don't overthink it. Either get on board or wait and see.

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The saying may be rough, but the market always favors those with patience.
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