I have been watching $ZEC closely and the chart is starting to look very interesting.
Looking at the latest price action, we just hit a high of 577. While the daily trend remains strong, I noticed that the 15-minute timeframe is showing some consolidation, which is normal after a quick move up. As long as the price stays above the 555-558 range, the momentum is still leaning bullish.
I am expecting a quick move to retest the recent local highs. It looks like a solid setup for a short-term trade if the support holds here.
Click the chart below to trade.
Trade Signal
Position: Long
Entry: 562.00 - 566.00
Take Profit 1: 574.00
Take Profit 2: 580.00
Stop Loss: 549.00
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Disclaimer: Trading crypto involves high risk and I am not a financial advisor.