The $ZEC /USDT chart is showing a bullish trend with a price of $440.29, reflecting a 5.26% increase. The price is currently testing resistance near $444.98, which has been the high for the last 24 hours.
Entry Points:
The current price of $440.29 is a decent entry point, as it has recently broken through previous resistance levels. A slightly better entry could be around $436.00 if there's a minor pullback.
Stop Loss:
The recent support level around $428.40 could serve as a good stop loss. This level has held up well in the past few hours, offering protection from a further downside.
Take-Profit Levels:
The first take-profit target could be $457.79, which was the previous high. This is a reasonable level to expect the price to reach.
A second target could be around $461.50, which seems to be a psychological level based on the price action.
A third target could be $465.00, in case the momentum pushes further.
Overall, the trend looks strong, and entering around the current price with a stop loss near $428.40 and taking profits at $457.79 and $461.50 seems like a reasonable approach for this setup.
