Sellers are defending the $3.50–$3.60 resistance zone, and price is now testing critical support near $2.85–$2.90. Bears are gaining momentum as buyers struggle to hold the neckline.
A breakdown below $2.85 could open the door toward $2.00 🔥 Bulls need to reclaim $3.10+ to show signs of recovery.
Market sentiment: Bearish pressure building — support is the key level to watch!
Consider buying a bag of $ZEN near the support zone, which aligns with the daily SMA100. In case of a successful bounce, the potential upside targets are:
🎯 $7.047 🎯 $8.044 🎯 $9.040 🎯 $10.458 🎯 $12.265
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.