Horizen / TetherUS
Long

ZENUSDT Forming Falling Wedge

294
ZENUSDT is showing a well-defined falling wedge pattern on the daily chart, a bullish setup that often precedes a strong upward move. After a period of sustained decline, the price has started to consolidate within narrowing trendlines, suggesting that selling pressure is easing. The good trading volume confirms that buyers are gradually stepping in, preparing for a potential breakout. This technical structure indicates that ZENUSDT may soon enter a bullish reversal phase once it breaks above the wedge resistance with confirmation.

A successful breakout could open the door for gains of around 40% to 50%+, driven by increased momentum and investor confidence. Historically, falling wedge breakouts on coins like ZENUSDT tend to produce sharp recoveries as traders recognize the shift in market sentiment. With volume supporting the pattern and price structure tightening, this pair is approaching a critical point where a bullish breakout could set off a strong rally toward higher resistance zones.

Investor interest in ZENUSDT has been rising, as many view it as undervalued compared to its long-term potential. The overall setup points toward accumulation, where larger players could be positioning themselves before a breakout. If market conditions remain favorable, this could become one of the more promising mid-term trading opportunities in the altcoin sector.

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