Horizen / TetherUS
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ZEN/USDT Ready to Ride after a Price Reset? ๐Ÿ‘€๐Ÿš€ZEN Analysis

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๐Ÿ’ŽParadisers, let's take a moment to assess #ZENUSDT, which has been navigating through a descending channel, revealing dynamic market trends.

๐Ÿ’ŽAt this juncture, #Horizen is making strides towards the descending resistance, propelled from the demand zone. This sets the stage for a potential rebound from this zone, potentially initiating an upward trajectory, with sights set on the bearish Order Block (OB) as the upcoming milestone.

๐Ÿ’ŽHowever, should ZEN not achieve the anticipated bounce and instead descends below the demand zone, we might witness a fallback to the Bullish OB region around the $9.52 mark, where it could rally for another upward attempt.

๐Ÿ’ŽThe Bullish OB zone has historically been a pivotal area for catalyzing significant market recoveries upon engagement. Yet, a failure of this zone, indicating a shift towards bearish trends, may lead to a continuation of bullish momentum from a diminished position.

๐Ÿ’ŽIn case #ZEN doesn't harness the momentum from this or any subsequent level, a persistent decline might ensue. Rest assured, Paradisers, your ParadiseTeam is vigilantly monitoring these shifts, ready to navigate you through these intricate market dynamics.
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Spot on again! #ZEN has climbed 60.25%!
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cryptocryptoanalysiscryptosignalscryptotradercryptotradingFundamental AnalysishorizenTechnical IndicatorsmycryptoparadiseTrend AnalysisZENzenusdt

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