Zcash at a Crossroads: Buy the Dip or Prepare for a Drop? 🚨

Entry: 415–420

SL: 398

TP1: 455

TP2: 485

TP3: 520

$ZEC is facing a critical moment. A move down to $417 isn’t a bad sign – it’s a healthy reset! This level has strong historical support and could give buyers a better entry point. 📈 Chasing highs on low volume is risky; a controlled pullback is what we want to see.

If $ZEC bounces at $417, the uptrend is likely to continue. But, a break below that level could signal further downside.

Short opportunity if we see rejection at 455-470 with a stop loss at 495 targeting 420-385.

Overall, I’m leaning towards a dip buy and a hold above $417. Let’s see if the buyers step in!

#Zcash #CryptoTrading #TechnicalAnalysis #Altcoins 🚀

ZECUSDT

Prep

437.25

-2.90%