$ZEC
ZECUSDT – The momentum is still present, but caution at the top!
ZECUSDT is trading around $272.3, calming down a bit after a massive rise of over 15%. The price is still above EMA9, showing strong short-term momentum, but VPVR indicates light volume above $275, which may cause a temporary halt or slight correction before the next upward phase.
Trading Plan
Entry (Long): $265 – $270 (Buy on dips near EMA support)
Target 1: $285
Target 2: $298
Stop Loss: $259 (below the local demand area and EMA9)
My Opinion
ZEC continues to ride a strong bullish trend, with strong volume and consistently higher lows. However, as the price approaches short-term resistance, taking partial profits near $285 is wise. A strong breakout above $290 could trigger another wave of momentum buyers.
Note: This content is for educational purposes only — not financial advice. Always do your own research before trading.