ZEN has been frequently attempting to break upward recently, but each time it encounters resistance at key levels. For orders entered earlier, consider moving the take-profit around 9.5, which allows you to secure profits while avoiding exiting too early and missing out on the trend.
The real turning point is above 10.5. If the price can effectively hold this level, there will be a chance to develop a trend. Conversely, if it repeatedly fails to break through, you'll need to wait for a better opportunity.
Currently, the coin price remains in a consolidation phase with oscillations, and a clear bullish trend has not yet been established. Some traders have already chosen to take profits early, which is a prudent approach. Be especially cautious of false breakdown traps—these deceptive moves can easily mislead investors chasing long positions, so always set proper stop-losses.
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ZEN has been frequently attempting to break upward recently, but each time it encounters resistance at key levels. For orders entered earlier, consider moving the take-profit around 9.5, which allows you to secure profits while avoiding exiting too early and missing out on the trend.
The real turning point is above 10.5. If the price can effectively hold this level, there will be a chance to develop a trend. Conversely, if it repeatedly fails to break through, you'll need to wait for a better opportunity.
Currently, the coin price remains in a consolidation phase with oscillations, and a clear bullish trend has not yet been established. Some traders have already chosen to take profits early, which is a prudent approach. Be especially cautious of false breakdown traps—these deceptive moves can easily mislead investors chasing long positions, so always set proper stop-losses.