$ZEC USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION EXPECTED
$ZEC USDT has shown a strong bullish momentum with a notable 12.38% surge in the last 24 hours, testing the highs near 356.20. The price has broken key resistance levels and is forming higher highs, suggesting continuation of the upward trend. Short-term retracements may occur, but the overall bias remains bullish.
Trade Setup:
Long Entry: 350-352 zone
Target 1 (TP1): 365
Target 2 (TP2): 375
Stop Loss (SL): 340
Key Levels:
Support: 348, 338
Resistance: 356, 365
Risk Management:
Maintain a risk-to-reward ratio of at least 1:2. Avoid over-leveraging and adjust position size according to account balance. Monitor market reaction at resistance for potential profit-taking.
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