$ZEC TECHNICAL ANALYSIS – BULLISH BREAKOUT UNDERWAY
ANALYSIS
$ZEC has broken above a key resistance cluster, signaling a strong bullish structure. Historically, its consolidation range acted as a spring: after building demand, the breakout suggests further upward momentum.
Long-term trend indicators support this: 200-day MAs are rising, and ZEC’s on-chain fundamentals (like shielded supply growth) are strengthening.
PLAN: LONG ENTRY
Entry Zone: Around the breakout level or a pullback into the previous range top.
TP1: Measured‑move target based on range width (~+50–60%) after breakout.
TP2: If momentum holds, a higher swing could re-test multi‑month highs / extensions.
SL: Just below the breakout support area / range resistance turned support.
RISK MANAGEMENT
Keep position size moderate (e.g. risking ≤ 1‑2% of capital), trail your stop after partial profit-taking, and adjust as trend confirms.
