Horizen / TetherUS

$ZEN Downtrend Intact – Testing Bottom 3 Resilience

211
ZENUSDT ZEN Downtrend Intact – Testing Bottom 3 Resilience 📉

Altcoin Pioneers! The weekly ZEN chart paints a textbook bearish picture: sequential lower tops (1-3) capping rallies under that blue descending channel, with price now probing Bottom 3 around 12.68 after Bottom 2 support at ~17k. Volume's waning on upsides, screaming distribution—Horizen's macro fatigue is real.

Hold support? Decent shot if we get a volume spike and RSI holds above 30 (currently neutral). Breakout above resistance? Forget it short-term; needs >20k close to flip the script. Deeper dip risk? High—channel projects to 8k if cracks, aligning with 200W MA.

Target: Rebound to 15k max on hold, or slide to 10k on break. Eyes on: Ichimoku cloud for dynamic support, funding rates for sentiment, and ecosystem news. Tread light! ⚠️🛡️

#Horizen #CryptoBear #TAWeekly

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。