$ZEC Holding Key Support After Strong Recovery 🔐
Long Trade Signal (Scalping):
Entry 1: 445 – 438
Entry 2: 430 – 422
TP1: 460
TP2: 485
TP3: 520
SL: 410
Leverage: 15–30x (controlled risk)
Open Trade in Future👇🏻
Spot Traders:
Spot buyers can scale in near support zones. Avoid chasing near resistance — patience gives better entries.
Why This Trade:
$ZEC has already rebounded strongly from the 420–430 demand zone, showing that buyers are active at lower levels. Price is now consolidating above support instead of dumping back down, which is a healthy sign after a recovery move.
The current structure suggests absorption, not distribution. Sellers are failing to push price lower, while buyers keep defending dips. This kind of sideways movement after a bounce often leads to another upside push.
Why long and not short?
Shorting here means selling into a well-defined support area after a recovery leg. That’s poor risk-to-reward. Shorts only make sense closer to upper resistance, not in the middle of a base.
Support Zones:
• 445 – 435 (intraday support)
• 430 – 420 (major demand zone)
Resistance Zones:
• 460 – 480 (first supply area)
• 510 – 540 (strong rejection zone)
Bias stays long as long as price holds above 420. A clean break below that level invalidates the setup and patience is required.
If you’re not following Token Talk, you’re making a mistake while others trade with structure and discipline.