$Horizen (ZEN) is currently trading under pressure, reflecting wider crypto market weakness and specific headwinds for its niche. Recent data shows a slight uptick over 24 hours but a notable weekly decline, indicating short-term bearish momentum. �

CoinMarketCap

📉 Technical Outlook

Trend: ZEN prices remain below key moving averages, including short-term and long-term SMAs, signaling ongoing selling pressure in the market. �

CoinMarketCap

Momentum: RSI levels suggest oversold conditions, which might allow a relief bounce, but the overall trend still leans bearish unless key resistance is reclaimed. �

CoinMarketCap

Support & Resistance: Immediate support is around recent lows near $6–$7, while resistance to watch is near $8–$9 — reclaiming and holding above these levels could help shift sentiment.#RiskAssetsMarketShock #MarketCorrection #WarshFedPolicyOutlook #ADPDataDisappoints

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