๐ $ZEC / USDT Long Strategy ๐ข๐๐
๐ Market Overview
โข Current Price: $37.50
โข Intraday Range: $34.63 โ $37.51
โข Trend: Short-term bullish momentum within broader consolidation
โข Key Resistance: $39.50 (recent high), $41.00 (next major resistance)
โข Key Support: $34.00 (recent low), $33.00 (historical support)
๐ Zcash (ZEC) has shown a bullish reversal, breaking above resistance with volume support. Momentum indicators favor a potential upside move.
๐ข Entry Zone 1: Pullback Entry ๐
โข Zone: $34.00 โ $35.00
โข Conditions:
โ๏ธ Price pulls back with decreasing volume
โ๏ธ Bullish candlestick pattern (hammer or engulfing)
โ๏ธ RSI above 40
๐ข Entry Zone 2: Breakout Trade ๐ฃ
โข Zone: $39.50 โ $40.00
โข Conditions:
โ๏ธ Strong green candle breaks resistance
โ๏ธ Volume spikes above average
โ๏ธ RSI stays above 50
๐ฏ Profit Targets
โ TP1: $41.00
โ TP2: $43.00
โ TP3: $45.00
๐ Stop-Loss
โข Pullback SL: Below $33.00
โข Breakout SL: Below $38.00
โ ๏ธ Risk Management Tips
โ Risk only 1โ2% of your total capital per trade
โ Ensure a minimum 2:1 reward-to-risk ratio before entry
โ Move stop-loss to breakeven once TP1 is hit
โ Avoid overtrading โ stick to clean, high-conviction setups
๐ DYOR โ always do your own research before making trading decisions and remember that crypto is always changing, so always be careful before jumping in! ๐๐ธ
โ Buy and Trade here on $ZEC