Jan. 8 at 6:11 PM
📌
$ZENA : A Chart to Keep on the Watchlist
ZenaTech is starting to show signs of a trend shift after an extended pullback, with price stabilizing and curling higher from a well defined base, moving from the
$3.50S into the
$4.00 area this morning after news were released.
🔍 Technical factors in focus:
🔹 Price is testing the
$4.00 key level, with confirmation coming on a clean break and hold above it
🔹 Higher lows forming after a prolonged downtrend
🔹 Momentum shifting as selling pressure fades
🎯 Upside levels to watch on continuation:
📈
$4.68 = near-term resistance
📈
$5.07 = prior breakdown level
📈
$5.45 /
$5.79 = major resistance band
📈
$7.12 = breakout extension target
With multiple positive headlines and a strengthening Drone as a Service backdrop, the recent news flow is clearly adding momentum to the setup.
Communicated Disclaimer : https://tinyurl.com/TherealshortsqueezyZENA1
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