#zec
The price still enjoys a clear structural bullish strength
The Relative Strength Index on the 4-hour frame is at 69.56, which is a very strong indicator that the main trend is still bullish
The middle structural support level is 420.48, and the price is trading safely well above it
Instant Market Maker Strategy
The market maker is currently accumulating at the pivot point 445.15
The goal of this accumulation is either to push up to exceed the structural resistance 455.02 and reach the previous peak 457.95, or to re-test the nearest support (442.75) to attract more buyers
Tactical Buy (Long) Recommendations
1. Bounce from the pivot (Accumulation trade)
Entry: Holding above $445.15 (pivot point)
Stop Loss: 442.75 (breaking the lower limit)
First Target: 448.92 (upper limit)
Second Target: 455.02 (structural resistance)
2. Confirming bullish breakout (Momentum trade)
Entry: Holding with a 5-minute candle above $448.92 (upper limit)
Stop Loss: 445.15 (returning below the pivot)
First Target: $457.95 (previous peak)
Second Target: 471.54 (next structural resistance)
