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$ZEN is quietly doing something very interesting while no one is watching.
After that scary drop to 4.97, it’s finally starting to climb back. We just hit 6.24 and the price action is looking much cleaner than it did last week.
We’re coming up in a heavy resistance zone around 6.65. You can see those long wicks on the daily where sellers pushed it back down before. If we can break and hold above 6.70, then a run back to 7.00 is basically inevitable.
The volume isn't huge yet, but the order book shows more people are interested in buying here than selling, with 53% on the bid side.
I’m playing this one safe. I want to see a daily candle close above the recent high before I trust this fully. If we lose the 5.80 support, this whole recovery plan goes out the window.
Are you guys scalping this or holding for the big move?
#WCTCTradingChallengeShare8MUSDT