$ZEC
USDT BULLISH BREAKOUT – ZCASH EYEING NEW HIGHS ABOVE RESISTANCE 🚀
Zcash is showing a strong bullish breakout above its previous resistance zone near $39.20. Price is currently trading at $39.44, with momentum pushing it towards the next target zone.
🔑 Key Levels:
Support: $39.20 – $38.80
Resistance: $39.80 (broken), next major resistance at $41.33
🎯 Trade Setup:
Entry (Long): $39.20 – $39.40
Targets (TP): $40.00, $41.33
Stop Loss (SL): $38.80
📈 Market Outlook: The market has flipped the $39.20 level into support with a bullish engulfing structure. Momentum and buying pressure indicate potential continuation towards $41.33 if the breakout sustains above $39.40.
⚠️ Risk Management: Trade with 2-3% risk of your wallet per setup. Always set stop loss and avoid over-leveraging to protect capital during volatility.
#ZEC #Zcash #CryptoTrading #Altcoins #TechnicalAnalysis
✍️ Comment “🚀” if you’re entering this ZEC breakout and tag a trader friend to alert them now!