📊 $ZEC /USDT Technical Analysis
Current Price: ~$364.65
ENTRY: $360.00 – $365.00
(The price is currently hovering right at a critical psychological support level. We want to enter here while the market is "bleeding" to catch the anticipated relief rally.)
TP :
TP1: $401.00 (First major resistance—secure 40% profit)
TP2: $440.00 (Retest of the pre-crash levels)
TP3: $470.00 (Major liquidity zone for a full recovery)
SL (Stop Loss): $330.00
(If ZEC breaks below your 4H chart's low of $330.75, the bearish trend is confirmed and we must exit immediately.)
Support Line: $361.00 (Immediate) | $336.00 (Major)
Resistance: $401.00 (Psychological) | $449.00 (Trend Reversal)
💡 Why? Entry Reason!
Extreme Oversold: Your daily chart shows an RSI(6) of 27.00, and the 4H is even lower at 22.27. Historically, ZEC sees a 15–20% "dead cat bounce" whenever it hits these levels.
Support Defense: Price is currently squeezing into the $336–$401 range. Buying at the bottom of this range ($360s) offers an excellent risk-to-reward ratio.
Governance Pivot: While the original team resigned, they have already announced a new entity, CashZ, to continue building on Zcash. As the community realizes the protocol itself isn't broken, the panic selling should slow down.
🚀 Best Trading Plan
The Strategy: This is a "Mean Reversion" trade. We aren't looking for a new All-Time High yet; we are just trading the recovery from the panic.
Trade Management: Once the price hits $385, move your Stop Loss to your Entry Price ($365) to make this a "Risk-Free" trade.
Follower Advice: Remind your followers that this is High Risk due to the ongoing governance issues. Tell them to use only "play money" for this one.#MarketRebound
