$ZEC /USDT Long Trade Setup – Bullish Momentum Building
Entry Price: $39.26
Target 1: $40.10
Target 2: $40.80
Final Target: $41.10
Stop Loss: $37.40
Market Analysis:
#zcash ($ZEC ) is showing signs of a bullish reversal, bouncing strongly from the $37.42 support zone. Increasing volume and a solid green candle closing above $38.50 suggest renewed buying pressure, increasing the likelihood of testing recent highs.
The chart structure reveals a double bottom near $37.40, with a sharp recovery indicating short-term bullish momentum. A sustained move above $39.50 could pave the way for a test of $40.80, and a breakout beyond that may lead to $41.10.
Key Indicators:
24h High: $40.80
24h Low: $37.42
Trading Volume: Strong, with a turnover of 102K ZEC
Momentum: Recovering from a sharp dip, creating potential opportunities for active traders#BinanceAlphaAlert
Trading Strategy:
Ideal Entry: Consider scaling in above $39.20 while monitoring for a breakout beyond $40. #VoteToListOnBinance
Risk Management: Once $40.10 is reached, moving the stop-loss to breakeven helps lock in gains and minimize risk.#TrumpTariffs
Final Thoughts:
/USDT is setting up for a potential breakout, backed by increasing volume and strong price action. Traders should watch for confirmation above key levels while managing risk with a tight stop-loss.#CryptoTariffDrop
Trade wisely and stay informed!
