$ZEC โ€” PULLBACK SETUP (CAUTIOUS BULLISH)

ENTRY: 438 - 442 (wait for pullback)

TARGETS:

๐ŸŽฏ 446 (24h High)

๐ŸŽฏ 450

๐ŸŽฏ 455

STOP LOSS: 433

๐Ÿ“Œ NOTES:

ยท Daily momentum positive (+7%) but RSI shows overbought on shorter TFs (up to 92)

ยท MACD mixed โ€” bullish on some timeframes, weakening on others

ยท Price above EMAs suggests trend support, but chasing here is risky

ยท Better to wait for pullback toward EMA support (438-442) for safer entry

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๐Ÿ” DETAILED ANALYSIS:

Strengths:

โœ… Daily uptrend intact (+7%)

โœ… Volume solid (725M USDT)

โœ… Price above key EMAs (9 & 21) in most timeframes

โœ… MACD histogram positive in several TFs

Concerns:

โš ๏ธ RSI extremely overbought in some TFs (85-92)

โš ๏ธ MACD shows divergence โ€” momentum may be weakening

โš ๏ธ Monthly trend still negative (-22%) โ€” larger downtrend possible

โš ๏ธ StochRSI overbought in several readings

Risk Level: Medium

Priority: Medium โ€” better setups exist, but ZEC can be traded on pullback

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๐Ÿ“Š FINAL CALL:

Wait for pullback to 438-442 before considering entry.

If no pullback occurs, avoid chasing โ€” risk/reward poor above 444.

Use tight stop loss โ€” volatility remains elevated.