#CryptoTrading. #technicalanalyst #Signal🚥. 📊 Technical analysis
$ZEN /USDT — 15min/1h timeframe
Current price ≈ 12.487 USDT
+18.20% recently, strong parabolic pump, reached local high ~14.227, now moderate pullback after vertical leg up.
Price action & Bollinger Bands (15m/1h):
Price pulling back from upper BB (~13.434), still well above middle BB (~12.279).
Middle BB ~12.279 acting as strong dynamic support on current pullback.
Lower BB ~11.112 — far below, bands massively expanded due to high volatility.
Volumes:
Current vol ~461M — very high on pump candles, still elevated.
MA(5) ~2.20B, MA(10) ~1.54B — volume exploded during the rally, supports strength but cooling slightly on pullback.
Key indicators:
• MACD — DIF 0.489, DEA 0.495, MACD -0.006, histogram negative but very shallow — bullish momentum slowing after peak, early bearish divergence.
• RSI (6/12/24) ≈ 50.8 / 56.0 / 59.1 — neutral after cooling from overbought (~80+ during spike), room for new upside.
Explosive pump with strong volume confirmation. Classic overextension, now healthy pullback testing middle BB — momentum still intact but short-term exhaustion visible.
🟢 Long (moderate-high risk — dip buy / continuation)
Entry: 12.30–12.50 (current or dip to middle BB ~12.28)
TP1: 13.00–13.20
TP2: 13.80–14.00+
SL: 12.00–12.10 (break below middle BB)
R/R: ~1:3+
Comment: Strong setup if holds middle BB ~12.28 + volume picks up again on green candles. High probability of next leg up while overall trend bullish.
🔴 Short (high risk — fade attempt only)
Entry: 12.80–13.00 (retest of previous high zone or upper BB area)
TP1: 12.30–12.20
TP2: 11.90–11.70
SL: 13.20+
R/R: ~1:3
Comment: Very risky after +18% pump. Needs sharp rejection + volume fade + deeper MACD negative. Counter-trend.
⚠️ Most likely scenario now
Continuation higher to 13.20–14.00+ if price holds firmly above middle BB ~12.28 and volume supports buyers again.