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ZEN technical setup under the microscope—is this a dead cat bounce, or signals of a genuine reversal forming?
Looking at the price action and on-chain patterns, the key question traders are wrestling with right now. A bounce into resistance could be just another fakeout, or we might be seeing early signs of accumulation kicking in. Volume profile, support levels, and momentum indicators all deserve attention here.
What's your read on this one? Chart watchers are split on whether we're setting up for another leg down or if the worst is already priced in.