$ZEC Recovery Attempt in Progress on 4H Chart

$ZEC is slowly bouncing back after hitting a low of $34.85. The 4-hour chart shows signs of a potential reversal, with higher lows forming and price stabilizing above the $36.00 mark.

Long Trade Setup:

Entry Zone: $35.90 – $36.10

Stop Loss: $34.70

Target 1: $37.20

Target 2: $38.40

Target 3: $40.00

Market Insight:

Despite a weak 30-day trend (-8.41%), $ZEC is up +21.19% in 180 days and is now showing signs of strength at support. A clean break above $36.20 with volume could signal the start of a stronger recovery. Monitor for bullish confirmation on the 4H candle close.