🚀 $ZEC Breakout – Next Move?
🔹 Bullish Setup:
📈 Entry: $36.00 - $36.60 (Buy on dips)
🎯 TP1: $37.50
🎯 TP2: $38.80
🛑 SL: $35.50
✅ Confirmation: Holding above $36.00 with rising volume
🔻 Bearish Setup:
📉 Entry: $36.50 - $37.00 (Short if rejection confirmed)
🎯 TP1: $35.50
🎯 TP2: $34.00
🛑 SL: $37.50
✅ Confirmation: Weak bounce and loss of momentum below $37.00
📌 Key Insights:
$ZEC gained 14.38%, peaking at $37.29 before stabilizing.
RSI at 64.54, indicating strength but nearing overbought territory.
MACD shows declining bullish momentum – watch for trend shifts.
📊 Trading Plan:
Bullish Bias: Look for a bounce from $36.00 with strong buying volume.
Bearish Scenario: If $37.00 acts as resistance, expect a pullback.
Secure profits at TP1 and adjust SL to minimize risk.
📢 Your Turn!
Will $ZEC continue its run or face a correction? Drop your thoughts! 🚀📉🔄
DYOR 📌
🔹 Bullish Setup:
📈 Entry: $36.00 - $36.60 (Buy on dips)
🎯 TP1: $37.50
🎯 TP2: $38.80
🛑 SL: $35.50
✅ Confirmation: Holding above $36.00 with rising volume
🔻 Bearish Setup:
📉 Entry: $36.50 - $37.00 (Short if rejection confirmed)
🎯 TP1: $35.50
🎯 TP2: $34.00
🛑 SL: $37.50
✅ Confirmation: Weak bounce and loss of momentum below $37.00
📌 Key Insights:
$ZEC gained 14.38%, peaking at $37.29 before stabilizing.
RSI at 64.54, indicating strength but nearing overbought territory.
MACD shows declining bullish momentum – watch for trend shifts.
📊 Trading Plan:
Bullish Bias: Look for a bounce from $36.00 with strong buying volume.
Bearish Scenario: If $37.00 acts as resistance, expect a pullback.
Secure profits at TP1 and adjust SL to minimize risk.
📢 Your Turn!
Will $ZEC continue its run or face a correction? Drop your thoughts! 🚀📉🔄
DYOR 📌