I'm Going Big Long :) $ZEC REBOUNDING FROM LOCAL LOWS! WILL IT RECLAIM $1,420?
Direction: LONG
Entry Zone: 1,350.00 - 1,390.00
Take-Profit Targets:
Target 1: 1,420.00
Target 2: 1,450.00
Target 3: 1,494.00
Stop Loss: 1,295.00
Leverage: 2x - 3x (Isolated)
Key Analysis:
$ZEC (Zcash) printed a strong bounce off the $1,305.05 support level on the 1H timeframe after a steady sell-off from its high of $1,494.19. The sharp green reversal candle demonstrates active buying interest at lower levels. If the price consolidates above the $1,350 structure support, a momentum continuation could trigger a retest of the immediate resistance near $1,420 and lower highs above $1,450.
#AnthropicTargetsIPOAsSoonAsMidNovember #EthereumFoundationLaunchesZkAPIOnMainnet #US10YearYieldNears5.3%
Direction: LONG
Entry Zone: 1,350.00 - 1,390.00
Take-Profit Targets:
Target 1: 1,420.00
Target 2: 1,450.00
Target 3: 1,494.00
Stop Loss: 1,295.00
Leverage: 2x - 3x (Isolated)
Key Analysis:
$ZEC (Zcash) printed a strong bounce off the $1,305.05 support level on the 1H timeframe after a steady sell-off from its high of $1,494.19. The sharp green reversal candle demonstrates active buying interest at lower levels. If the price consolidates above the $1,350 structure support, a momentum continuation could trigger a retest of the immediate resistance near $1,420 and lower highs above $1,450.
#AnthropicTargetsIPOAsSoonAsMidNovember #EthereumFoundationLaunchesZkAPIOnMainnet #US10YearYieldNears5.3%
