ZEC/USDT Analysis - Strong Uptrend Continuation
Entry Point: 505.00 - 515.00 (pullback zone)
Stop Loss: 485.00 (below MA25 & recent support)
Take Profit Targets:
· TP1: 540.00
· TP2: 565.00
· TP3: 590.00
Reasoning:
· Strong +9.77% daily gain with high volume (233M USDT)
· Price holding above MA(7) and MA(25) – bullish alignment
· MA(7) > MA(25) > MA(99) confirms uptrend structure
· Testing 24h high (528.17) – breakout potential
· POW narrative with solid volume support
Risk Management:
· Wait for slight retracement for better entry
· Move SL to breakeven after +5-6% gain
· Take partial profits at each TP level
Note:
ZEC showing consistent strength. Watch for a break above 528.17 for acceleration.
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Not financial advice. Always perform your own analysis and manage risk appropriately.
