$ZEC

ZEC/USDT Analysis – Bullish Momentum with Caution Ahead

ZEC is currently trading at $51.07, up +7.22% in the last 24h. The price has broken above key moving averages (MA7: $45.89, MA25: $41.93), confirming bullish momentum. However, technical indicators show overbought conditions:

RSI(6): 78.92

KDJ (J line): 103.35

These levels suggest a potential short-term correction.

Key Levels:

Buy Zone: $46.00–$48.50 (pullback opportunity)

Sell/TP Zone: $52.00–$55.00 (overbought resistance)

Recommendation: Wait for a pullback before entering. Alternatively, buy on breakout above $52.00 with strong volume. Use a trailing stop to lock in profits.

#ZECUSDT #CryptoAnalysis #BinanceSquareWritingContest #TradingSignals #BullishBreakout