$ZEC /USDT BULLISH ANALYSIS
$ZEC is showing strong bullish momentum, currently trading around $268.02 (+13.08%) after recovering from recent lows. The price has moved above key short-term moving averages, signaling potential continuation of the upward trend.
KEY LEVELS:
Current Price: $268.02
Support Levels: $256 – $246
Resistance Levels: $276 – $284 – $286
MA Signals:
MA(7): $271.53
MA(25): $269.07
MA(99): $250.28
Price trading above the MA(99) and near short-term MAs confirms bullish momentum and short-term strength.
TRADE SETUP (LONG ENTRY):
Entry Zone: $268 – $272
Take Profit (TP):
TP1: $276
TP2: $284
TP3: $286
Stop Loss (SL): $246
RISK MANAGEMENT:
Risk only 2–3% per trade. Secure partial profits at TP1 and move SL to breakeven after the first target is reached. Avoid over-leveraging during volatile swings.
Trend Outlook: As long as ZEC holds above $256, the market remains bullish with potential for further upside.
#ZECUSDT #tradingcrypto #MarketRebound #USBitcoinReservesSurge #StrategyBTCPurchase