2026-01-16 08:29:37

ZEN's recent movement is quite interesting—briefly piercing the previous high and then quickly falling back into the range. We've seen this kind of "false breakout" many times before, usually a tactic by the main players to sweep liquidity, not driven by genuine buying pressure.

Overall, the market is still in a consolidation phase. This rapid rise and slow decline reflect significant selling pressure above, and bullish confidence is actually not strong enough. The key point is that if it were a true breakout, volume should increase and stabilize, but currently, the trading volume can't keep up, and the structure also appears somewhat weak.

My judgment is that the price will test the support level again, so I choose to gradually build short positions at higher levels. Based on the risk-reward ratio, this is still quite favorable.

**Trading Parameters**
- Entry Range: 12.9-13.3
- Stop Loss: 13.8
- Target Range: 12.0-11.0

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NullWhisperer

· 15h ago

technically speaking, that volume rejection is the dead giveaway here. classic liquidity sweep disguised as conviction—seen this pattern exploit retail stops too many times. zen's structure is just... questionable at best.

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SmartContractPhobia

· 15h ago

It's the old trick of the main force sweeping the market again. When the trading volume can't keep up, it's a false signal. Short positions are indeed profitable this round.

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ReverseTradingGuru

· 15h ago

Once again, a fake move. The ZEN tactic is so old-fashioned, the main players just love to manipulate liquidity like this. The short-selling strategy is good, but with such poor volume, it's impossible to break through.

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SingleForYears

· 15h ago

It's the same old trick again; the main players just love to deceive liquidity this way. Fake breakouts every day; if the volume can't keep up, it's time to exit. I'm also bearish; just gradually position at high levels, and that's it.

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