$ZEN ACCORDING TO SUPPLY DEMAND METHOD 09-JULCurrently, the price is in a short-term uptrend and has just broken the previous demand zone (area of $10). If the breakout is real, the uptrend will continue. The next price targets are $12.5 and $15.
However, you should still be cautious, the ideal entry is the H4 demand zone around the $8.5 area.
Cut loss below $7, target $12 - $15.
Zenusdt
ZEN is gearing up for a potential bullish blastoff! 🚀💎 Paradisers, #ZEN is approaching a bullish Order Block (OB) + Demand area, which is further reinforced by a supportive trendline.
💎If #ZENUSDT breaks out above the resistance level from this point, we can anticipate a bullish movement up to the next resistance levels. It would be ideal if the price forms a bullish pattern here, such as a 'W' pattern, cup and handle, or an inverse head and shoulders.
💎However, in the event of a breakdown of the bullish OB, demand area, and supportive trendline, it will be considered bearish. In this scenario, I prefer to stay out of the market, as I am not interested in engaging on the bearish side for now.