$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.
#ZEN
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.
#ZEN
