$ZEC saw a rejection from the highs and is now pulling back into a key demand area. The move down looks corrective so far, and price is reacting near prior support so I’m watching to see if this turns into a base rather than continuation lower.
I’m mainly interested in buying dips into support if price stabilizes and shows acceptance.
Entry Price: $485 – $492
If we get a bounce and continuation, these are the levels I’m watching:
TP1: $505
TP2: $518
TP3: $535
SL: $475
Resistance: $505 – $518 – $535
Support: $490 – $485
As long as #ZEC holds above $485, I’m cautiously bullish and looking for a reaction Higher-up. A clean reclaim and hold above $505 would be the first strong confirmation. #trending #crypto
