The trading plan for USDT/ $ZEC now:
Preferred scenario: Wait for confirmation with a DCA plan ready
· Current price: 572.40
· Nearby resistance: 576.29 (24-hour high)
· Nearby support: 558.00 (24-hour open)
· Strong support: 541.57 (24-hour low)
DCA (Dollar-Cost Averaging) entry plan:
1. First tranche (25%): Buy Limit at 558.00 (testing the open).
2. Second tranche (25%): Buy Limit at 542.00 (near strong support).
3. Third tranche (50%): Buy Market only on a breakout and close above 576.29 with strong volume (momentum confirmation).
Total stop loss: below 540.00 (breaking strong support means plan failure).
Targets: 590 then 610.
Preferred scenario: Wait for confirmation with a DCA plan ready
· Current price: 572.40
· Nearby resistance: 576.29 (24-hour high)
· Nearby support: 558.00 (24-hour open)
· Strong support: 541.57 (24-hour low)
DCA (Dollar-Cost Averaging) entry plan:
1. First tranche (25%): Buy Limit at 558.00 (testing the open).
2. Second tranche (25%): Buy Limit at 542.00 (near strong support).
3. Third tranche (50%): Buy Market only on a breakout and close above 576.29 with strong volume (momentum confirmation).
Total stop loss: below 540.00 (breaking strong support means plan failure).
Targets: 590 then 610.