Everyone's staring at $ZEC's 24‑hour bounce, but the real story is the quiet coiling at the $55‑$57 zone. I got flattened on that resistance yesterday, now the 4H shows a bullish volume magnet ready to launch.
$ZEC - LONG
Entry: 55.20 – 55.80
SL: 53.70
TP1: 57.00
TP2: 59.20
TP3: 62.50
Why this setup?
- 4H RSI climbing from 42 to 58, breaking the 50‑bias line.
- ATR (1D) at 23.4, giving a clean risk window for a 1.5% swing.
- Volume spike +45% on the last 30 min, indicating a squeeze breakout.
- 15M shows a bullish engulfing at 55.45, aligning with the 1H upward bias.
Debate: Are you riding the $55‑$57 breakout or waiting for a pull‑back to re‑test the $53 level?
$ZEC
$ZEC - LONG
Entry: 55.20 – 55.80
SL: 53.70
TP1: 57.00
TP2: 59.20
TP3: 62.50
Why this setup?
- 4H RSI climbing from 42 to 58, breaking the 50‑bias line.
- ATR (1D) at 23.4, giving a clean risk window for a 1.5% swing.
- Volume spike +45% on the last 30 min, indicating a squeeze breakout.
- 15M shows a bullish engulfing at 55.45, aligning with the 1H upward bias.
Debate: Are you riding the $55‑$57 breakout or waiting for a pull‑back to re‑test the $53 level?
$ZEC