📊 Analysis of the $2ZUSDT currency on the daily timeframe (Japanese candlestick reading) $2Z
After the strong collapse from the peak of $1.26 to $0.47, the daily candles have started to show signs of a rebound and positive consolidation with the possibility of a return of upward momentum in the coming hours 🔥
🔹 Suggested entry point: between $0.490 – $0.495
🔹 Profit-taking targets:
1️⃣ First target: $0.55
2️⃣ Second target: $0.60
🔹 Stop loss: below $0.46
⏳ Trade duration: from one day to two days only (short-term trade).
💥 My personal expectation:
If larger liquidity enters or strong buying activity from medium and large wallets occurs, the currency is expected to experience a price explosion towards the $0.65 – $0.70 areas quickly, especially if today’s candle closes clearly above the resistance of $0.50.
📈 Currently, we see a decline in selling momentum and the beginning of gradual interaction from buyers, making this level a very important area of observation.
⚠️ This is just my personal opinion and a specific reading of the Japanese candlesticks, and it is not financial advice. Trading is your responsibility, and capital management remains more important than any analysis or forecast.
