Trend ⚡: Bearish-Neutral with potential for bullish reversal Price has been declining over recent days/weeks, but may find strong support and stage a rebound if entry zones hold.
Entry Zone ~ 0.78 – 0.80 USDT (enter near support or on a bounce) Stop-Loss Below 0.76 USDT (a break would likely invalidate the bounce) Targets 1st: 0.84 USDT <br> 2nd: 0.88 USDT <br> 3rd: 0.94 USDT Risk / Reward Rough risk ~0.02 / upside ~0.06 to 0.14 (i.e. R:R ~1:3 to 1:7)
🔹 Price Now: ~$58.8 🔹 Near-Term Targets: $62 → $65 (around 10–15% potential upside if momentum holds). 🔹 Trend: Showing signs of a bullish breakout, but still facing heavy resistance in the $60–62 zone. A strong close above this level could trigger the next leg higher. 🔹 Risk: Rejection is possible near resistance, especially if volume fades. A stop-loss below $55 is suggested to manage downside risk. 🔹 Outlook: If bulls push through resistance, ZEC could quickly test $65. Beyond that, $70+ would be the next area to watch.