$ZEN price in steady downtrend, drifting lower below all MAs (MA7 5.425 highest). Multiple failed attempts to reclaim 5.5-5.6, consistent lower highs/lows, volume low on bounces with no reversal strength. Bearish bias dominant unless strong move above 5.50-5.60 with conviction.
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$ZEN price in steady downtrend, drifting lower below all MAs (MA7 5.425 highest). Multiple failed attempts to reclaim 5.5-5.6, consistent lower highs/lows, volume low on bounces with no reversal strength. Bearish bias dominant unless strong move above 5.50-5.60 with conviction.
Entry Zone 5.45 – 5.50
Targets
TP1: 5.30 – 5.35
TP2: 5.10 – 5.20
TP3: 4.80 – 5.00
Stop Loss 5.60 – 5.65