$ZEC — PULLBACK SETUP (CAUTIOUS BULLISH)
ENTRY: 438 - 442 (wait for pullback)
TARGETS:
🎯 446 (24h High)
🎯 450
🎯 455
STOP LOSS: 433
📌 NOTES:
· Daily momentum positive (+7%) but RSI shows overbought on shorter TFs (up to 92)
· MACD mixed — bullish on some timeframes, weakening on others
· Price above EMAs suggests trend support, but chasing here is risky
· Better to wait for pullback toward EMA support (438-442) for safer entry
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🔍 DETAILED ANALYSIS:
Strengths:
✅ Daily uptrend intact (+7%)
✅ Volume solid (725M USDT)
✅ Price above key EMAs (9 & 21) in most timeframes
✅ MACD histogram positive in several TFs
Concerns:
⚠️ RSI extremely overbought in some TFs (85-92)
⚠️ MACD shows divergence — momentum may be weakening
⚠️ Monthly trend still negative (-22%) — larger downtrend possible
⚠️ StochRSI overbought in several readings
Risk Level: Medium
Priority: Medium — better setups exist, but ZEC can be traded on pullback
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📊 FINAL CALL:
Wait for pullback to 438-442 before considering entry.
If no pullback occurs, avoid chasing — risk/reward poor above 444.
Use tight stop loss — volatility remains elevated.
