$ZEN is ripping while shorts pay for it. đ
$6.71, up 8.04% in 24h, with $6.54M traded. The part nobody is talking about: futures funding is -0.008% while price sits above both the 20D and 50D MAs. Thatâs a nasty setup for trapped shorts if momentum keeps pressing.
4h is +8.3%, RSI 63. Not overheated yet.
$ETH isnât showing this same clean squeeze profile.
At $7, Iâd want to see acceptance, not another wick. âĄ
#ZEN #CryptoNews
$6.71, up 8.04% in 24h, with $6.54M traded. The part nobody is talking about: futures funding is -0.008% while price sits above both the 20D and 50D MAs. Thatâs a nasty setup for trapped shorts if momentum keeps pressing.
4h is +8.3%, RSI 63. Not overheated yet.
$ETH isnât showing this same clean squeeze profile.
At $7, Iâd want to see acceptance, not another wick. âĄ
#ZEN #CryptoNews