đ„ ZEC Weekly Setup â Parabolic Potential on Breakout
Zcash ($ZEC) is coiling within a key weekly range, and the chart is hinting at something big ahead. If price smashes through this consolidation zone, we could be staring at the start of a parabolic leg up.
đ Key Levels to Watch:
$241 â Major weekly resistance + 0.618 Golden Fib retracement.
Break above = confirmation of strength & potential momentum ignition.
Aggressive traders: Look for an early breakout entry with tight stops below support.
Conservative traders: Wait for a clean weekly close above $241 for confirmation.
Watch volume and momentum indicators â strong inflows = higher probability of continuation.
đŻ Upside Potential: If momentum carries through, the next resistances lined up on the weekly chart could quickly become the next casualties. #BinanceHODLerEDEN #MarketRebound
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