don't buy
Zen (ZEN) Breakout Confirmation Above 114,200 for Potential Rise Beyond 8.00
I recommend waiting for at least one 4-hour candlestick to close above the 114,200 level before considering any bullish moves. If this level is clearly exceeded, I anticipate that Zen (ZEN) could rise above the 7.8 to 8.00 range. This cautious approach helps confirm momentum and reduces the risk of false breakouts.
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AI Analysis
The current analysis hinges on the price action around the 114,200 level, serving as a crucial resistance point for Zen (ZEN). Watching for a 4-hour candle to close above this level helps verify wheth...
AI Recommendation
Based on this analysis, I suggest waiting for the 4-hour candle to close above the 114,200 resistance level before considering long positions in Zen (ZEN). If this occurs, a move toward the 7.8 to 8.0...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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strong buy