*$ZEC /USDT - Optimistic Long Entry*
Technical Analysis:
$ZEC /USDT shows a potential bullish continuation on the chart. The price has experienced a significant upward trend over the past 90 days (+1167.31%) and one year (+1058.68%), indicating strong momentum. The current chart pattern suggests a slight pullback but the overall bullish trend remains intact. 62.33% of the bid dominance in the order book supports a bullish inclination.
Long Entry: Above levels 530
Targets (TP):
- Target 1: 550
- Target 2: 580
Stop Loss (SL): Below 500
Risk Management: Use an appropriate position size, and set SL at 500 to limit downside risk.
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ZECUSDT
Perp
409.55
+18.26%