Market Snapshot: $ZEC and $RIVER R Tactical Trading Plans 📊
Two distinct structures are unfolding today. One is a "support defense" play, the other is a "bullish continuation" play.
1️⃣ Zcash ($ZEC ) – Watching the $205 Floor
Price rejected from $212 and is currently searching for demand.
Support: $205 (Immediate) | $200 (Major)
Targets: $210 | $215 | $224
Stop Loss: $199
Verdict: Momentum is neutral-weak. If $205 holds, look for a relief bounce. Below $200, the bears take full control.
2️⃣ River $RIVER– Bullish Trend in Full Effect
River is showing massive relative strength, holding $21.90 after a clean rally.
Support: $21.0 | $20.4
Targets: $22.5 | $24 | $26
Stop Loss: $20.2
Verdict: Bullish. As long as we hold above $21, the path of least resistance is up. 🚀
#ZEC #RIVER #CryptoTrading. #TechnicalAnalysis #BinanceSquareTalks
