$ZEN is pressing into resistance — and the upside still looks capped.

SHORT $ZEN

Entry: 11.3 – 11.7

Stop Loss: 12.1

TP1: 10.9

TP2: 10.3

Price bounced, but the reclaim never really happened. Each push into this supply zone stalls out quickly, upside attempts get absorbed, and there’s no meaningful follow-through. The market is moving, but it’s not accepting higher prices.

This reads as a corrective bounce, not a shift in trend. As long as this resistance continues to hold, the structure favors continuation to the downside rather than expansion higher.

Trade $ZEN here 👇

ZEN
ZENUSDT
5.876
-5.59%