ZEC Looks Primed for a Bullish Rebound
As long as it stays above $450, $ZEC looks primed for a leg up and a potential test of $590 resistance.
ZEC is trading above its SMA7 and SMA25 moving averages
The 10-bar trend is bullish and showing a clear upward momentum
Volume is rising, indicating a potential breakout
A daily close under $440 would invalidate this setup and suggest a bearish reversal
Are you buying this dip on $ZEC?
#MarketAnalysis
As long as it stays above $450, $ZEC looks primed for a leg up and a potential test of $590 resistance.
ZEC is trading above its SMA7 and SMA25 moving averages
The 10-bar trend is bullish and showing a clear upward momentum
Volume is rising, indicating a potential breakout
A daily close under $440 would invalidate this setup and suggest a bearish reversal
Are you buying this dip on $ZEC?
#MarketAnalysis