📈 ZEN/USDT Market Update: Finding Support on the 4H Chart
A fresh look at the ZEN/USDT 4-hour chart reveals a promising bounce following recent downward pressure. The Infrastructure token established a solid support zone and is currently pushing upward, testing immediate resistance levels.
Here is a quick overview of the current market structure:
• Current Price: 5.084 USDT (+3.48%)
• 24h Range: 4.883 Low – 5.259 High
• Trading Volume: Over 299K ZEN traded (approx. 1.52M USDT)
Technical observation shows price action decisively holding the 4.815 low and reclaiming ground above the short-term 7-period moving average. With the current momentum, it is steadily pressing toward the 25-period moving average at 5.117.
#Horizen #CryptoTrading #TechnicalAnalysis #ZENUSDT #CryptoMarket
$ZEN
A fresh look at the ZEN/USDT 4-hour chart reveals a promising bounce following recent downward pressure. The Infrastructure token established a solid support zone and is currently pushing upward, testing immediate resistance levels.
Here is a quick overview of the current market structure:
• Current Price: 5.084 USDT (+3.48%)
• 24h Range: 4.883 Low – 5.259 High
• Trading Volume: Over 299K ZEN traded (approx. 1.52M USDT)
Technical observation shows price action decisively holding the 4.815 low and reclaiming ground above the short-term 7-period moving average. With the current momentum, it is steadily pressing toward the 25-period moving average at 5.117.
#Horizen #CryptoTrading #TechnicalAnalysis #ZENUSDT #CryptoMarket
$ZEN
