$ZEN Gave Back the Gains — But the EMA50/200 Cluster Below Is a Key Level to Watch 🔐
Privacy coin surge took ZEN from 5.076 to 6.627. Now retracing on low volume — 64% below the breakout average.
MACD cooling, RSI at 46. But EMA50 and EMA200 are converging at 5.636–5.708, creating a compressed support zone that hasn't been tested yet.
📍 Trade Plan — ZEN/USDT
Entry Zone: $5.636 – $5.720 (EMA50/200 confluence support)
Target 1: $6.100 (EMA20 reclaim)
Target 2: $6.627 (prior high retest)
Stop Loss: $5.350 (below all EMA structure)
Low volume pullbacks to EMA confluence in a privacy coin uptrend. Wait for the support test — then the candle tells you what to do next.
DYOR | NFA
#ZEN #Horizen #POW