Buy trading signal for pair $ZEC /USDT - strong breakthrough of the $50 level with potential continuation!
ZEC is trading at $50.67 after a strong rise from the $45.00 area, achieving a +2.30% gain today. The 30-minute chart shows clear bullish momentum with a breakout above the $50.00 level and a stable retest. Buyers are clearly in control.
Trading setup:
Entry price: $50.20 - $50.80
Take profit (TP): $52.20 / $54.00 / $56.50
Stop loss (SL): $48.80
Why buy?
After a consolidation period lasting several days, ZEC broke through a strong trading range with no resistance until the $52 level or higher. The bullish structure with a higher low base makes this setup suitable for continuation. A strong close above $51.10 opens the door for further upside.
Risk management advice: Take profits on the way up, and use a trailing stop loss after TP1 for maximum protection.
Don't let this breakout pass you by - enter smartly, and exit wealthy!
Capitalize on the momentum before it fades - profits favor the brave!
If you found the analysis useful, like it, share it, and comment on the next pair you would like analyzed! $ZEC
#TrendingTopic #HotTrends #BinanceAlphaAlert #CEXvsDEX101 #TradingTypes101