$ZEC TRADE SETUP – STRONG BOUNCE FROM DEMAND ZONE
Zcash has bounced over 6% and is gaining momentum after holding above the key support area around 36–38. This move suggests a potential trend reversal if the bullish strength continues.
Long Trade Setup
Entry: 40.50 – 41.50
Target 1: 48.00
Target 2: 56.00
Target 3: 64.00
Stop Loss: 36.20
Key Levels to Watch:
Support: 37.50 / 36.20
Resistance: 48.00 / 56.00 / 64.00
The price action is bullish as long as ZEC stays above 37.50. A breakout above 48.00 would confirm the start of a mid-term uptrend.
Risk Management:
Use low leverage (2x–3x), risk no more than 2% of your capital, and consider trailing your stop loss after Target 1 is hit.
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