$ZEC has entered price-discovery mode after blasting through the $673 resistance area, with buyers now pressing against the $788.64 high.
Entry: $735–$765
SL: $700
TP: $820
TP: $860
Final TP: $900
Price has surged from the $465.73 low and built strong momentum throughout the recent recovery. The 4H chart shows a decisive breakout above the $580 and $673 resistance zones, followed by an aggressive move toward $788.64.
The current structure remains strongly bullish, but entering directly after such a vertical expansion carries higher risk. A controlled pullback toward the $735–$765 area could offer a cleaner continuation setup.
As long as $ZEC holds above the $700 support zone, the bullish momentum remains intact toward $820, $860 and potentially $900.
$MAGMA
Entry: $735–$765
SL: $700
TP: $820
TP: $860
Final TP: $900
Price has surged from the $465.73 low and built strong momentum throughout the recent recovery. The 4H chart shows a decisive breakout above the $580 and $673 resistance zones, followed by an aggressive move toward $788.64.
The current structure remains strongly bullish, but entering directly after such a vertical expansion carries higher risk. A controlled pullback toward the $735–$765 area could offer a cleaner continuation setup.
As long as $ZEC holds above the $700 support zone, the bullish momentum remains intact toward $820, $860 and potentially $900.
$MAGMA
