$2Z /USDT based on the data you provided:

2Z/USDT Technical Analysis

Current Price: $0.11751 (+2.49%)

24h High / Low: $0.12904 / $0.11342

24h Volume: 2Z – 54.09M | USDT – 6.55M

Market Structure & Trend

The pair shows short-term bullish momentum with a +2.49% uptick.

Price is currently trading below the recent 24h high ($0.12904), indicating a potential resistance zone near $0.126–$0.130.

Support levels lie at $0.116 and $0.114, aligning with the 24h low and prior consolidation.

Key Levels

Resistance:

$0.122 – minor resistance from recent candles

$0.126 – mid-term resistance from 24h high rejection

$0.130 – strong psychological level

Support:

$0.117 – current price support

$0.116 – secondary support

$0.114 – key support zone

Trading Outlook

Short-term bullish scenario: If price holds above $0.117 and breaks $0.122, it could target $0.126–$0.130.

Bearish pullback scenario: Rejection at $0.122–$0.126 may lead to a retest of $0.116–$0.114.

Volume & Momentum

24h volume is moderate; recent uptick shows buying pressure is present but not overwhelming.

Momentum is slightly bullish, but price remains below key resistance, so cautious entry is advised.

Summary: