๐ $ZEN LONG SETUP โ 1H TIMEFRAME ๐ก
The market is offering a potential long continuation setup on $ZEN as the current retracement plays out. Here's the full breakdown ๐
๐ Setup Overview
The recent pullback on the 1H chart could be shaping up into a continuation opportunity for buyers, provided price respects the key levels below.
๐ฏ Entry Zone: $7.757 โ $7.781
๐ Stop Loss: $7.724
๐ Targets:
โข TP1: $7.809 (0.89R) โ
โข TP2: $8.023 (5.64R) ๐
โข TP3: $8.142 (8.29R) ๐
๐ค Scale-Out Plan: 20% / 30% / 50%
โ ๏ธ Key Considerations
โข 15M entry confirmation is still incomplete
โข Estimated EV currently sits at -0.00R, below the active threshold for entry
๐ Status: WATCHLIST ONLY
This setup is NOT active yet. Traders should wait for proper confirmation before considering an entry โ patience over FOMO ๐
๐ก Always manage risk, size positions responsibly, and never enter without confirmation. This is analysis, not financial advice.
#ZEN #Binance #CryptoTrading #TradingSetup #Altcoins ๐ฅ๐๐
