$ZEC š š
Chart Overview @ $43.13
ZEC has been consolidating above $40 support, forming a strong higher low structure.
24h volume of $2.29M shows steady but moderate accumulation interest.
Current price action is attempting to break out from consolidation resistance near $44.00 ā $45.00.
Key Technical Levels:
Strong Support (Demand Zone): $40.00 ā $41.20
Immediate Resistance (Breakout Zone): $44.00 ā $45.50
Next Resistances (Upside Targets): $48.00, $52.00
Major Psychological Level: $55.00
Breakout Continuation Bias:
If ZEC breaks $45.50 with strong volume, bullish momentum could extend toward $48 ā $52. Sustained momentum may retest $55+ in continuation.
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šÆ Bullish Trade Setup (Breakout
Entry (Accumulation Zone): $42.50 ā $43.20 (current area)
Aggressive Entry (Confirmation): Above $45.50 with high volume
Stop-Loss (SL): $40.00 (below support floor)
Take-Profit (TP) Levels:
TP1: $45.50 (breakout test)
TP2: $48.00
TP3: $52.00 ā $55.00
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ā ļø Disclaimer: This is a technical analysis outlook, not financial advice. Market conditions change quickly ā always use strict risk management and avoid over-leveraging in volatile assets like ZEC.
