$ZEN Rejection Setup
ZEN is facing strong rejection around the $5.80–$5.85 resistance zone after a sharp recovery. The current structure suggests a potential bearish reversal if price fails to reclaim $5.825 and sellers remain in control.
Short Setup
Entry: $5.80–$5.83
TP1: $5.55
TP2: $5.25
TP3: $4.975
SL: $6.024
A sustained break above $6.02 would invalidate the bearish setup.
Buy and Trade $ZEN
ZEN is facing strong rejection around the $5.80–$5.85 resistance zone after a sharp recovery. The current structure suggests a potential bearish reversal if price fails to reclaim $5.825 and sellers remain in control.
Short Setup
Entry: $5.80–$5.83
TP1: $5.55
TP2: $5.25
TP3: $4.975
SL: $6.024
A sustained break above $6.02 would invalidate the bearish setup.
Buy and Trade $ZEN