$ZEN is consolidating around $8.10 after a sharp breakout from the $7.00 area. Price pushed to $8.59 but was rejected, showing sellers are active near the highs.
The key zone now is $8.00–$8.10. If buyers defend this area, the structure remains intact and a move back toward $8.30–$8.60 could come into play.
A clean loss of $8.00 would weaken the setup and could bring $7.80–$7.60 into focus.
For now, I’m watching how price reacts around $8.00 before looking for the next expansion.
The key zone now is $8.00–$8.10. If buyers defend this area, the structure remains intact and a move back toward $8.30–$8.60 could come into play.
A clean loss of $8.00 would weaken the setup and could bring $7.80–$7.60 into focus.
For now, I’m watching how price reacts around $8.00 before looking for the next expansion.
