š¦š¼Thatās a solid technical breakdown and trade plan for $ZEC ā nicely structured.š¼š¦
Hereās a quick recap and some analysis for clarity:
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š Trade Summary
Entry: 260
Stop Loss (SL): 245
Targets:
TP1: 285 ā
TP2: 305 ā
TP3: 325 ā
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š Technical Outlook
Breakout Confirmation: Clean breakout followed by a small retest ā a healthy sign of trend continuation.
Volume: The strong volume on the breakout validates buyer strength and reduces the likelihood of a fake-out.
Momentum: Buyers appear to be firmly in control, suggesting a potential for continuation toward the next resistance zones.
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š§ Risk Management
Risk Exposure: 2ā3% per trade is prudent ā keeps account volatility low.
Stop-Loss Adjustment: Moving SL to entry after TP1 locks in risk-free trade management.
Trail Option: After TP2, consider trailing the stop below the last higher low to protect further gains if momentum continues.
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ā ļø Next Levels to Watch
Immediate Resistance: 325ā330 (TP3 zone ā may see profit-taking here)
If momentum sustains: 350 could be the next upside extension.
Support Zones: 285 (former TP1 area) and 260 (breakout base).
Buy and Trade Here šš$ZEC
#Write2Earn #zec #cryptotrading #MarketPullback #MarketSentimentToday
