🛡️ ZEC Futures: Strong Support Rebound Sets Up a Good Setup Breakout
Intense Real-Time Analysis: Zcash ($ZEC) has successfully defended a critical historical support level around the $340 - $360 region. Momentum indicators (like the short-term RSI and STOCH) are curling upwards from oversold conditions, confirming buyer accumulation. We are initiating a long position to capture the anticipated strong rebound towards the next resistance cluster.
Signal Type: LONG (Buy)
Entry Price: $375.00 - $390.00
Stop Loss (SL): $355.00
Take Profit (TP) 1: $415.00
Take Profit (TP) 2: $435.00
Leverage: 15x - 25x (Based on your risk tolerance)
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