Is ZENUSDT Ready for a Reversal or More Downside?

ZENUSDT is nearing a key support zone around 18.00, which has been a reaction level in the past. The EMA ribbon is bullish, and the Signal Builder has previously sent buy signals. The market structure remains bullish, as the price has broken above the last significant high.

A potential trade setup involves waiting for the price to test the 18.00 level. If the level holds, the next target is 39.00. However, if the price breaks below 18.00, the setup becomes invalid, and the 6.00 level could serve as a long-term accumulation area.

👨🏻‍💻💭 Do you think ZEN will hold the 18.00 level or drop further? Let’s discuss!
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