ZEN is gearing up for a potential bullish blastoff! ð
ð Paradisers, #ZEN is approaching a bullish Order Block (OB) + Demand area, which is further reinforced by a supportive trendline.
ðIf #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.
ðHowever, 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.
ðIf #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.
ðHowever, 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.
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