ZEN/USDT has been consolidating inside a large symmetrical triangle on the 1H chart following a strong bullish impulse. Price has repeatedly respected the rising support near $4.85–$4.90 while forming lower highs beneath descending resistance.
Price is now testing the upper boundary around $5.15–$5.25. A confirmed breakout and hold above this trendline could trigger a bullish expansion toward the $6.50–$6.70 measured target. A rejection from resistance would keep the triangle active and could send price back toward the lower support zone.
ZENUSDT
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5.076
+3.61%