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$ZEN | Bullish Correction in an Uptrend – Tactical Long Opportunity 🔥
The charts are speaking loud:
$ZEN is showing a classic healthy pullback in an overall strong uptrend. Here’s the full breakdown:
📊 Technical Snapshot
K-line Analysis:
Major upward moves came with high volume spikes, while the recent pullback shows declining volume — a hallmark of a healthy correction. Weak hands are exiting quietly; no aggressive selling is happening. The latest 1h candle shows extremely low volume → indecision & pause.
Indicators:
RSI: Neutral → room for a bounce.
KDJ: Potentially bullish signal forming.
Bollinger Bands: Tight → market gearing up for a move.
💸 Capital Flow Warning
Derivatives/Contract Funds:
Massive net outflows are happening:
-928k USDT (4H)
-4.08M USDT (6H/8H)
-16.94M USDT (24H)
-55.62M USDT (5D)
Big players are closing longs or opening shorts, signaling a possible larger downturn ahead.
Spot Market:
Outflows exist but much smaller:
-524k (4H)
-1.18M (8H)
-2.81M (24H)
Indicates the real selling pressure is in the leveraged market, not retail spot.
⚠️ Despite the bullish pullback signals, the derivatives outflows are a major red flag. Any long entry must be tactical & highly monitored.
💡 Trading Plan – Tactical Long
Entry Zones:
Conservative: Near support 12.011 USDT → anticipate bounce.
Aggressive: On break & hold above 12.50 USDT (reclaiming MA20) → confirms the bounce.
Stop-Loss: ~3% below entry (e.g., 11.66 USDT if entering at 12.011)
Target Levels:
1st Target: 12.922 USDT (resistance)
2nd Target: 13.343 USDT (next resistance)
Risk Management:
If bounce lacks momentum → exit early. The contract fund outflows demand caution.
⚡ Summary
$ZEN is in a healthy corrective pullback, but derivatives outflows warn of potential downside.
Tactical long entries near support or on MA20 reclaim could capture a short-term bounce, but risk is elevated.
💥 Bottom line: Trade carefully, follow the levels, and watch both price action & capital flow.
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