$ZEC — BULLISH STRUCTURE WITH RESISTANCE AHEAD!
$ZEC
is in an uptrend with bullish structure. Support at $480, resistance at $509. Momentum is at 65/100, moderate. Volume is moderate, but breakout is unconfirmed.
What I'm watching: If price breaks above $509, the next target is $525, then $540. If it rejects, a drop to $495 is likely. The RSI is likely neutral given the momentum reading. This is a moderate-confidence setup. I'd wait for a clear breakout above $509 before entering.
$ZEC
is in an uptrend with bullish structure. Support at $480, resistance at $509. Momentum is at 65/100, moderate. Volume is moderate, but breakout is unconfirmed.
What I'm watching: If price breaks above $509, the next target is $525, then $540. If it rejects, a drop to $495 is likely. The RSI is likely neutral given the momentum reading. This is a moderate-confidence setup. I'd wait for a clear breakout above $509 before entering.