$ZEST ZEST is showing strong momentum, but the coin is highly volatile after its recent price increase. Instead of chasing the price, traders should wait for a safer entry.
๐ Long Trade Setup
โ
Entry Zone: $0.245โ$0.255
๐ Stop-Loss: $0.229
๐ฏ Target 1: $0.275
๐ฏ Target 2: $0.295
๐ฏ Target 3: $0.315
A pullback into the entry zone followed by bullish confirmation could provide a better risk-to-reward opportunity. After reaching Target 1, consider moving the stop-loss to the entry price.
๐ฅ Breakout Setup
A breakout trade may become valid if a 15-minute candle closes above $0.310 and the price successfully retests the $0.300โ$0.305 area.
๐ฏ Breakout Targets: $0.330 and $0.350
๐ Stop-Loss: $0.288
๐ Bearish Scenario
If ZEST closes below $0.225, the bullish setup may become invalid. In that case, the possible downside targets could be:
๐ฏ $0.205
๐ฏ $0.185
โ ๏ธ ZEST is a high-risk and highly volatile coin. Use low leverage, preferably 2รโ3ร isolated, and risk only a small portion of your trading balance.
Do not chase green candles
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