$ZEC: Oversold Bounce Imminent? 🚀

$ZEC LONG 💳

Entry: $488 🧨 SL: $480 DCA1: $470 DCA2: $450 💸 TP1: $500 • TP2: $520 • TP3: $550$ZEC is currently facing strong selling pressure, trading below key Moving Averages. But here’s the kicker: the Relative Strength Index (RSI) has plunged to an incredibly oversold 13.91! 📉 This usually signals that the selling might be exhausted, and a bullish reversal could be brewing.

While the MACD histogram remains negative, confirming the bearish trend, that ultra-low RSI combined with high short interest screams “potential bounce.” This could be a high-reward opportunity for those looking to get in before the reversal. Keep a tight stop-loss, and be ready for potential gains.

#ZEC #CryptoTrading #Altcoins #Oversold 🚀

ZEC
ZECUSDT
370.13
+12.90%