$ZEN /USDT: Privacy Narrative Ignites a Bullish Surge! 🚀
Horizen (
$ZEN ) is making major waves in the market today, breaking through key resistance levels with a significant +25.32% surge, reaching approximately $12.51. This explosive move comes as privacy-focused assets regain massive momentum across the sector.
📊 Key Technical Highlights:
The Breakout: After reclaiming critical support at $9.05, ZEN has extended its bullish phase, smashing through the $11.50 resistance level.
Moving Averages: On the 4-hour chart, ZEN is firmly bullish with a rising 50-day moving average, signaling a strong short-term trend.
Momentum Indicators: Technical indicators show a "Strong Buy" sentiment (85%), while the RSI remains around 71.9, indicating intense buying pressure but entering overbought territory.
Volume Explosion: 24h trading volume has spiked significantly to over $155M, confirming strong market conviction behind this move.
💡 Why is Horizen Pumping?
Privacy Sector Rotation: Investors are rotating capital into privacy tokens like
$ZEN , $DASH, and $XMR due to renewed concerns over regulatory surveillance expansion and the U.S. "Clarity Act".
L3 Migration on Base: Horizen’s recent successful migration to Base as a Layer 3 appchain has unlocked fresh DeFi liquidity and EVM compatibility.
2026 Roadmap Optimism: The community is eyeing the upcoming Confidential Compute Launch (Q1 2026) and the re-launch of ZEN staking.
Whale Activity: Reports of major "whale" accumulations have fueled retail FOMO, pushing prices higher.
📉 Levels to Watch:
Immediate Resistance: $12.80 (current 7-day high). A sustained break here could target psychological levels near $15.10.
Key Support: $11.50 and the pivotal $9.05 zone.
Are you riding the
$ZEN wave, or waiting for a dip? Let’s hear your targets! 🎯👇
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