🔥 Wave Analysis of #ZEN Cryptocurrency on the Four-Hour Timeframe

🌊 An Opportunity to Ride a Bullish Wave

It appears that the pair is preparing for a strong breakout, having successfully surpassed the main price channel, which may indicate the beginning of the internal structure of the third wave within a strong upward trend. This scenario is supported by targeting the 261.8% Fibonacci level as one of the potential objectives for the third wave, with the possibility of extending to higher levels, reinforcing the hypothesis of a strong upcoming bullish wave.

💡 Any potential downward correction could present a suitable opportunity to re-enter buy positions 🎯, especially as long as positive momentum continues. In this case, the upward movement targets levels of 11.545 - 12.848.

⚠️ To maintain the bullish trend, it is essential that the price continues trading above the broken price channel level, as this is a fundamental factor supporting the continuation of the trend and reinforcing positive expectations.
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$ZEN ‌