$ZEC
USDT BULLISH REVERSAL: WILL ZCASH DEFEND THIS KEY SUPPORT?
Zcash is showing signs of a potential bullish reversal after testing a crucial support zone.
🔑 Key Levels:
Support: $38.03 (strong zone) & deeper support at $37.57
Resistance: $40.22 (initial target) and next at $40.56
Current Price: $38.59
📊 Trade Setup (Long):
Entry Zone: $38.50 - $38.60
Take Profit:
TP1: $40.22
TP2: $40.56
Stop Loss: $38.03
💡 Market Outlook: Price is forming a potential bullish engulfing near the demand zone, suggesting buyers may push it back towards $40+ levels if this support holds firmly today.
⚠️ Risk Management: Always risk only 1-2% per trade. Wait for confirmation candle close above entry for higher probability setups.
buy and trade here on $ZEC
✅ Comment 🚀 if you see this reversal coming!
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