Image of ZNX
ZNXZenex Token
$0.4378
0.66%
1D

Zenex Token Analysis

Investment Score
A quick view into Zenex Token's investment prospects.
3.8

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Price is trading above the Ichimoku base line, which keeps the broader structure supportive.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bear Volatile
Confidence: 75%
Why this state?
  • ZNX is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.

Trend
Bearish
ZNX is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 45.59, which is neither overbought nor oversold.
Volatility
Volatile
ZNX ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.4359 - $0.4902
Active zone
$0.2857 - $0.5311
Support zone
$0.05970 - $0.1499
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Average
Support & Resistance

Zenex Token support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.05970 - $0.1499
Resistance zone
$0.4359 - $0.4902
Active zone
$0.2857 - $0.5311
Levels Table
LevelZoneStrength
Support 1$0.05970 - $0.1499
Resistance 1$0.4359 - $0.4902
Active 1$0.2857 - $0.5311
Scenario Analysis
Bullish scenario

ZNX clears the resistance zone at $0.4359 - $0.4902 and holds above it. That would strengthen the breakout case and shift attention to $0.4359 - $0.4902.

Bearish scenario

ZNX loses the support zone at $0.05970 - $0.1499. That would weaken the setup and open the way toward $0.05970 - $0.1499.

Neutral scenario

ZNX continues trading between $0.1499 and $0.4359. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.4584
Bearish
ZNX is trading below the 50-day average.
SMA200
$0.4561
Bearish
ZNX remains below the long-term trend line.
EMA50
$0.4550
Bearish
ZNX is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.4559
Bearish
ZNX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
45.59
Neutral
RSI (14) is at 45.59, which keeps momentum in a balanced range.
Stoch RSI (14)
65.64
Neutral
Stoch RSI (14) is at 65.64, which suggests momentum is active but not yet extreme.
MACD
-0.01057
Bearish
MACD is below its signal line.
ATR
9.58%
Volatile
Volatility is above its 180-day median.
VWMA
$0.4443
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-28.40
Neutral
CCI (20) is at -28.40, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.02769
Bearish
Awesome Oscillator is below zero at $-0.02769, which supports bearish momentum.
Williams Percent Range (14)
-9.32
Overbought
Williams Percent Range (14) is near the top of its recent range at -9.32.
Bull Bear Power (13)
$-0.008644
Bearish
Bull Bear Power (13) is negative at $-0.008644, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
79.32
Overbought
Ultimate Oscillator is elevated at 79.32, which suggests multi-timeframe momentum may be overheated.
Hull Moving Average (9)
$0.4241
Bullish
ZNX is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.3129
Bullish
ZNX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Zenex Token

Over the past 7 days, Zenex Token price was most positively correlated with the price of XRP (XRP), Bitcoin (BTC), Bitcoin SV (BSV), LayerZero (ZRO) and Polygon Ecosystem Token (POL) and most negatively correlated with the price of Beldex (BDX), JUST (JST), Dash (DASH), APENFT (NFT) and LEO Token (LEO).

Positively Correlated Currencies
NameCorrelation
Image of XRPXRP0.880
Image of BitcoinBitcoin0.836
Image of Bitcoin SVBitcoin SV0.815
Image of LayerZeroLayerZero0.797
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.790
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.221
Image of JUSTJUST-0.050
Image of DashDash0.051
Image of APENFTAPENFT0.111
Image of LEO TokenLEO Token0.274

Zenex Token price is positively correlated with the top 10 coins by market cap with a price of 0.580, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.587. Currencies that are positively correlated with Zenex Token indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Zenex Token, a move in one direction for Zenex Token would translate into a move in the opposite direction for the negatively correlated coin.

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