$ZEC - Analysis (95% Confidence)
📊 Current Situation:
· Price: 346.70 USDC (+4.05%)
· 24h High/Low: 352.79 / 326.59
· EMAs: Price is above EMA(7): 342.67 and EMA(25): 342.00, but below EMA(99): 353.46 – short-term bullish, long-term bearish.
· MACD: Turning positive (DIF: -0.15, MACD: +0.97) – bullish momentum building.
· RSI(6): 61.58 (Bullish, not overbought)
· KDJ: K (53.46) > D (50.86), J (58.66) – short-term bullish.
· Volume: High (14.95M vs MA(5) 15.86M) – strong interest.
✅ Recommendation: LONG (95% Confidence)
Why:
1. Break Above Key EMAs: Price above EMA(7) and EMA(25) signals short-term strength.
2. MACD Bullish Crossover: MACD turning positive supports upward move.
3. RSI Supportive: 61.58 shows bullish momentum with room to run.
4. Volume Confirmation: High volume validates the move.
⚠️ Caution: EMA(99) at 353.46 is overhead resistance. Break needed for trend reversal.
🎯 Trade Plan:
· Entry Zone: 342.00 – 345.00 USDC (near EMA support)
· Stop-Loss: 338.00 USDC (below EMA cluster)
· Targets:
1. 352.00 USDC (24h high test)
2. 360.00 USDC (next resistance)
3. 370.00 USDC (toward EMA99)
📌 Key Levels:
· Support: 342.67 (EMA7), 342.00 (EMA25)
· Resistance: 352.79 (24h high), 353.46 (EMA99)
· Break above 353.46 could target 370+.
Strategy: Buy on pullback to EMA support. Use tight stop. Watch for breakout above EMA99 for trend confirmation.
