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$ZEN Short 75x – Strong rejection confirmed at resistance.
ZEN has already rolled over from the 7.25529–7.32471 supply zone. I’ve opened a Short 75x Isolated position based on this reaction.
Trade Setup:
Entry: 7.25529 – 7.32471
TP1: 7.08174 (R:R 1:1.0)
TP2: 7.01231 (R:R 1:1.3)
TP3: 6.87347 (R:R 1:2.0)
SL: 7.49826
Why this trade makes sense:
Higher timeframe structure still favors range continuation, with strong rejection forming around 7.29 zone
4H trend bias remains intact for downside continuation after resistance tap
15m RSI sitting near 51 shows there’s still room for bearish pressure to build
Volume is slightly above expectation (24.84K vs 24.18K), suggesting real participation on the sell side
This is a structured resistance play with momentum confirmation, not a guess.
Horizen Horizen is still reacting within a key supply band — follow price action closely for continuation or invalidation.
Manage risk properly.
$ZEN #GateSquareMayTradingShare