The latest formation of ZEN is worth paying attention to.

A descending wedge is forming on the chart—a pattern that usually signals a trend reversal is coming. As the wedge narrows toward the end, price fluctuations get smaller and smaller, like a spring being compressed. Once it breaks above the upper boundary, it often leads to an explosive rally.

According to the technical projection of this pattern, if a breakout is confirmed, the theoretical upside could exceed 200%. Of course, the market is always full of uncertainties; the key is whether the trading volume can keep up when the breakout happens.

In the short term, you can keep a close eye on the resistance line at the top of the wedge. It’s not too late to enter after a real breakout. Technically, it looks quite promising.