ZEC PUSHES OUT OF CONSOLIDATION — BUYERS TARGET THE $860 HIGH
$ZEC is showing renewed 1H momentum after holding a tight consolidation below $860.28. Price is now around $828 and approaching resistance, so a controlled retest is cleaner than chasing the latest green candles.
$ZEC /USDT — LONG
Trade Plan
Entry: $795–$812 on a healthy retest
SL: $775
TP1: $860
TP2: $875
TP3: $900
Why this setup?
On the 1H chart, ZEC remains in a strong bullish structure, with price climbing from the $565 area and continuing to form higher highs and higher lows. The recent sideways consolidation below $860.28 has now produced another bullish push, showing buyers are attempting to resume the trend.
The $795–$812 region is the important short-term retest area around the recent consolidation. Holding this zone would keep the breakout structure healthy, while $860.28 remains the immediate resistance that needs to be cleared for further upside.
With price already near $828, chasing the current move carries more pullback risk. A successful retest followed by renewed buying would provide a stronger continuation setup toward $860 and above.
A sustained move above $860.28 can strengthen the bullish continuation case toward $875 and $900, while losing $775 would weaken the current setup significantly.
Let the market prove the retest before committing full size, and protect capital if momentum fails. $ZEC
$ZEC is showing renewed 1H momentum after holding a tight consolidation below $860.28. Price is now around $828 and approaching resistance, so a controlled retest is cleaner than chasing the latest green candles.
$ZEC /USDT — LONG
Trade Plan
Entry: $795–$812 on a healthy retest
SL: $775
TP1: $860
TP2: $875
TP3: $900
Why this setup?
On the 1H chart, ZEC remains in a strong bullish structure, with price climbing from the $565 area and continuing to form higher highs and higher lows. The recent sideways consolidation below $860.28 has now produced another bullish push, showing buyers are attempting to resume the trend.
The $795–$812 region is the important short-term retest area around the recent consolidation. Holding this zone would keep the breakout structure healthy, while $860.28 remains the immediate resistance that needs to be cleared for further upside.
With price already near $828, chasing the current move carries more pullback risk. A successful retest followed by renewed buying would provide a stronger continuation setup toward $860 and above.
A sustained move above $860.28 can strengthen the bullish continuation case toward $875 and $900, while losing $775 would weaken the current setup significantly.
Let the market prove the retest before committing full size, and protect capital if momentum fails. $ZEC
