$ZEC — After a Massive Vertical Rally… What’s Next? 🚀⚠️
ZEC just printed a huge parabolic monthly candle, shooting all the way toward $750 before cooling to $665.
This type of vertical move usually leads to two possible outcomes: continuation or correction.
📌 Key Observation
The wick near $750 shows strong selling pressure — bulls are strong, but buyers are getting exhausted.
✅ LONG Trade Setup (With Caution)
Entry Range: $630 – $665
Target 1: $700
Target 2: $735
Target 3: $760
Stop Loss: $595
Key Levels
Major Support: $620
Major Resistance: $750
Breakout Level: Above $760 candle close
📉 Short Outlook (If price rejects $700–$750 again)
If ZEC fails to reclaim and hold above $700, expect a pullback toward:
$620
$580 zone
Even $520 in a deeper correction
This rally is strong, but parabolic moves often retrace sharply before continuing.
If you want, I can also make a bearish-only setup or a next-month forecast
