$ZEN is looking interesting again.
The price is reacting at a very significant historical support level, where the market has previously shown strong buying interest.
If this reaction is confirmed by a genuine break below the level (a ‘fake breakdown’) followed by a recovery back to the support zone, we could be looking at a very interesting scenario.
In that case: Relatively simple entry… Very close and clear invalidation below the lows… Extremely favourable risk/reward ratio
If the level holds and the market regains strength, the potential for a significant pump becomes real, because above this area there is scope for a reallocation of liquidity towards higher levels.
In summary:
clean technical zone, low risk, potentially large upside.

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

