To be honest, for ZEN, there's really no decent support level from a technical perspective. At this price, it looks more like some major players are dumping their holdings, and each wave of selling pressure is getting more intense. Personally, I think if it manages to hold $5, that would already be surprising—it could very well head straight toward $0.5.

Why can’t it go up? Frankly, it’s still an issue with how it’s being operated. Every pump turns into a trap to harvest retail investors, and after getting stuck so many times, retail confidence has long been worn out.

What’s more crucial is that after switching from the POW mining mechanism to POS staking, the whole token economic model has weaker value support. If this kind of transition isn’t handled well, it’s very easy for people to feel like the project is on a downhill path.

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BlockchainRetirementHome

· 11h ago

Another photoshopped airdrop scam, I think I should have sold everything a long time ago. The main players in ZEN bailed a while ago, and retail investors are still left holding the bag. Switching from POW to POS was basically self-sabotage, the economic model is full of holes now. Heard they're planning another pump, but I did the math—if they keep this up, going to zero is the most likely outcome. Five bucks? What a joke, even $0.3 looks doubtful to me.

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AirdropChaser

· 23h ago

Same old trick again, ZEN really needs to wake up. When it comes to the main players dumping, retail investors are always the last ones holding the bag. The move from POW to POS never seemed to go right. Just harvesting machines, nothing else.

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FlashLoanLord

· 23h ago

Another scam to fleece retail investors, the ZEN project has long been rotten. When it switched from POW to POS, you could already see problems—the economic model collapsed instantly. Even $5 is shaky; I bet it’ll drop below $1. The big players’ tactics are ruthless: pump after pump, dump after dump, and retail investors’ wallets just keep shrinking. ZEN? I’m just going to pretend it doesn’t exist now. Why are people still buying in? I really don’t get it. With no technical support, it’s doomed—going down is just a matter of time.

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GrayscaleArbitrageur

· 23h ago

Another death spiral—who would still dare to touch this garbage? Switching from POW to POS was a suicidal reform from the start; retail investors have already fled. Once the big players finish dumping, it should go to zero—nothing more to say. These prices make me uncomfortable; it can’t even hold $5.

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CryptoMom

· 23h ago

Seriously, ZEN's recent moves are just absurd. The main players' dumping tactics are way too aggressive, and retail investors have already been slaughtered. After the switch to POS, it just feels unstable, like there's no bottom in sight. This downhill trend might last for a long time. Even holding above 5 is shaky—might really be heading for a 50% drop... Wait, is the project team trying to squeeze us dry? Where's the support level? Can't find it at all, the technicals are completely broken. I've really seen through it this time—every rally is just a new round of harvesting, and retail investors' lives are worth nothing. Honestly, this model switch was a bit rushed, and the overall quality has dropped a lot because of it.

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ReverseTradingGuru

· 23h ago

Another typical pump-and-dump coin, should have woken up by now. --- That's how POS transition goes, the team started cashing out long ago. --- If something can't hold $5, just stay away, seriously. --- The whales are dumping so hard, and retail investors are still buying in—unbelievable. --- Changing the economic model basically means it's going to zero, that logic makes sense. --- Every pump is the last straw, I've learned my lesson. --- Switching from POW to POS is usually a sign they're about to turn on the community. --- Looks like it's heading straight for the floor price—is anyone still bottom fishing? --- The manipulation is so obvious, how can anyone not see it? Ridiculous. --- Once confidence is gone, all that's left is panic selling. That's ZEN's fate.

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GasFeeVictim

· 23h ago

This time it really is time to liquidate everything, ZEN is beyond saving. Damn, ever since it switched from POW to POS, there's been no confidence in this project, and now the dumping is so aggressive, it's obvious the big players are exiting. Another case of getting rekt, retail investors really have it coming. ZEN might break below 0.5 this time, don't even think about catching the bottom. The manipulation is terrible, every pump is just a trap for new retail investors. A coin without any support levels, and you still dare to touch it? Out of your mind. Confidence has long been gone, now it's just a matter of who can run faster.

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