$ZEC Bouncing from Support Zone – Long with Discipline
ZECUSDT Perpetual | 597.58 | +0.61%
Long Trading Plan (20x leverage)
Entry: 602 – 605
Stop Loss: 593
Take Profit 1: 611
Take Profit 2: 617
Take Profit 3: 624
The 602–605 zone is showing early signs of a bounce after a pullback. Price has remained stable above the key support area and has not broken below 593. Buying pressure is starting to return, suggesting a possible recovery toward higher resistance levels.
The stop loss is placed just below 593, which is a clean invalidation level. If this support is broken, the long setup becomes invalid.
Targets are structured step by step: 611 → 617 → 624. Each target is spaced roughly 1–2% from entry, so patience is important and profits should be taken gradually.
The risk is relatively tight, with stop loss distance around 1.5–2% from entry, making this suitable for a short-term long trade. Use proper risk management and consider entering with a smaller position size.
Is this support zone strong enough, or do you still expect further downside? Share your thoughts$BTC
