ZEC/USDT
🔹 General Trend
The current trend is upward after exiting a strong correction phase.
The price is above the moving averages EMA 7 and EMA 25 and EMA 99 → Positive signal for continued rise.
🔹 Important Supports and Resistances
Area Level Note
Strong Resistance 750 – 768 If broken, a higher target
First Support 680 – 690 Moving support at EMA 7
Main Support 595 – 600 Very important previous bottom
🔹 Technical Indicators
Indicator Status What it Means
RSI 75 → Near Overbought Possibility of slight correction
Stoch RSI Also in Overbought Needs rest
MACD Positive and crossing upward Continued upward momentum
📌 Expected Scenario
If the price maintains support at 680 → Continued rise towards:
🎯 First Target: 750
🎯 Second Target upon breaking 750: 820 – 850
In case of breaking support at 680:
We return to strong support at 600 – 595 before attempting a new rise.
🟢 Suggested Entry Strategy
Buy at retest of 690–680
Stop Loss: Below 650
Targets: 740 → 770 → 820
