$ZEC is trading near 413 on the 1H timeframe. Price dropped strongly earlier, then formed a base near the 400 zone. Now it is trying to recover slowly. This looks like a stabilization phase after a sell-off. Buyers are stepping in, but trend strength is still moderate.
Market Structure
$ZEC made a sharp move down from the 430 area and found support near 395–400. After that, price started making higher lows. This suggests selling pressure is weakening. However, price is still below the long-term moving average, so confirmation is required.
Primary Plan: Buy on Pullback (Long Setup)
Buy Zone
Primary buy zone: 408 – 402
This zone is short-term support and near recent consolidation.
Secondary buy zone (deep pullback): 398 – 392
This is strong demand and the previous bottom area.
Wait for price to slow down or show support before entering.
Stop Loss
Safe stop loss: 386
A strong 1H close below this level breaks the recovery structure.
Targets (Upside)
Target 1: 423
Target 2: 435
Target 3: 450
Take partial profit at each target. After Target 1, move stop loss to entry to reduce risk.
Alternative Plan: Short Only if Rejected
If price fails to break above 425 – 430 and shows strong rejection:
Short entry zone: 425 – 432
Stop loss: 445
Short targets: 405, then 390
Trade Bias Summary
Current bias: Recovery to neutral
Momentum: Improving but not strong
Best strategy: Buy dips near support
Invalidation: Strong close below 386
Final Note
$ZEC is volatile. Do not over-leverage. Let price come into your zone and respect stop loss strictly. This trade depends on patience and discipline, not speed.
