$ZEN 1H 📊



ZEN has a clean bullish structure on this chart. Price moved from around $5.03 → $5.85, reclaimed the previous resistance zone, and the Supertrend has flipped green.

The momentum is solid, but with price sitting near the $5.85 high, I’d rather wait for a retest than chase.

Trade Setup

Entry: $5.70–$5.76

SL: $5.55

TP1: $5.85

TP2: $6.05

TP3: $6.30

What I’m watching 👀

The important shift is the breakout above the $5.70 area. Price is now holding well above the green Supertrend, currently around $5.38, which keeps the 1H structure bullish.

$5.85 is the immediate resistance and recent high. If ZEN gets a clean 1H close above it, the next upside levels I’d watch are $6.05 and $6.30.

For a better entry, I’d like to see the price retest $5.70–$5.76 and hold. If that zone turns into support, the continuation setup looks much cleaner.

If ZEN loses $5.55, I’d invalidate the long rather than force it.

Clean play: breakout has already happened, so let the retest come to you. The chart looks strong, but chasing near the high isn’t the best risk/reward.

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ZEN0.00%
NVDA1.56%
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CandlestickAnalyzer
· 40 minutes ago
The setup is pretty clear: breakout + retest confirmation. I’ll place a limit order around $5.7 and see how it goes.
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RSIWave
· an hour ago
TP3 at $6.3 seems a bit optimistic. I’m initially targeting $6.05; if it reaches that, I’ll move the take-profit.
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MomentumMaverick
· an hour ago
Supertrend turning green does look good, but chasing in at $5.85 offers mediocre risk-reward; waiting for a pullback is safer.
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IntervalHunter
· an hour ago
Supertrend is quite lagging, so I prefer looking for volume confirmation. Has the volume for this trade kept up?
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BearishScout
· an hour ago
ZEN’s structure is indeed clean, but the privacy coin narrative has been mediocre lately, so I don’t dare take too large a position.
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HSChainLink
· an hour ago
The $5.55 stop-loss is set a bit too tight; a little more volatility and it gets hit. I’ll widen it to $5.48.
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MeanReversionFish
· an hour ago
A breakout-and-retest setup on the 1H timeframe makes perfect sense; the key is whether $5.7 can hold.
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