$ZEN shows a bearish trend after rejection from 9.20 resistance. Price is below MA7 (8.859), testing the 8.70 support zone. Volume is declining, indicating weakening momentum. The overall structure suggests potential further downside unless support holds firmly.
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$ZEN shows a bearish trend after rejection from 9.20 resistance. Price is below MA7 (8.859), testing the 8.70 support zone. Volume is declining, indicating weakening momentum. The overall structure suggests potential further downside unless support holds firmly.
Trade Setup:
TP1: 8.40
TP2: 8.10
TP3: 7.80
Stop Loss: 9.25