Wait for a moment and listen carefully because $ZEC is putting up a really important technical setup right now.
I’ve been analyzing the structure after the recent rejection at the 687 high. Looking at the charts, the hourly and 15-minute intervals show the price pulling back toward key dynamic supports. I noticed the short-term trend is consolidating directly on the 44 EMA near 665, showing that buyers are fighting hard to hold this higher low.
As long as we manage to stay above the 648 level on the hourly chart, the broader structure points to an upside recovery. I am looking for a shallow pullback to clear out late longs before the momentum builds for a retest of the recent 680s range.
Click the chart below to trade.
Trade Signal
Position: Long
Entry: 660.00 - 666.00
Take Profit 1: 678.00
Take Profit 2: 686.00
Stop Loss: 645.00
If you found this analysis helpful, click Follow for the next update.
Don't miss out on this setup while the volume is still pushing.
Disclaimer: Trading crypto involves high risk and I am not a financial advisor.