$ZEC Update: Moon Mission or Local Top?
($ZEC) is exhibiting massive bullish momentum on the 1-hour chart, currently trading at $252.23 with a strong daily gain of +10.66%. The SuperTrend (10,3) is firmly green with a support floor at $235.56, while the RSI(6) has spiked to 80.11, signaling that the asset is entering heavily overbought territory.
🎯 Trade Setup
EP (Entry): $240.00 – $252.00 (Wait for a slight pullback to enter safely)
TP (Targets)
TP1: $257.84 (24h High)
TP2: $265.00
TP3: $275.00
SL (Stop Loss): $233.00
The price is currently consolidating just below its 24h high of $257.84, which is the immediate major resistance level to flip. As long as the price stays above the $235.56 SuperTrend support, the technical structure remains highly bullish with targets focused on a breakout into higher liquidity zones.
Do you think ($ZEC) will clear the $260 resistance today, or are we set for a weekend retracement?
Watching this level closely.
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