ZCASH $ZEC BREAKING OUT ABOVE SHORT-TERM MOVING AVERAGES! ARE BULLS TARGETING $1408.74 NEXT?
Pair: $ZEC /USDT
Direction: LONG
Entry Price: 1334.36
Target Levels (Take Profit)
TP 1: 1362.25 +2.09%
TP 2: 1380.85 +3.48%
TP 3: 1408.74 +5.57%
Stop Loss
SL: 1297.17
Technical Breakdown
Price Action & Support: ZEC ($1333.42) established a solid higher-low structure after sweeping lower liquidity near $1280. Recent green candles are grinding higher along the upper Bollinger Band ceiling, demonstrating steady buyer absorption and strong structural support.
Moving Averages & Confluence: Short-term MA 7 and MA 25 have executed a bullish crossover beneath current price action (~1320–1325). A clean breakout and candle close above the overhead baseline MA 99 (~1360) will act as the primary catalyst to accelerate momentum toward TP3.
RSI (14) has sloped steadily upward to approximately 58.00, confirming expanding buyer strength with plenty of room before hitting overbought conditions. The MACD histogram continues printing green bars above the zero line with signal lines trending upward in bullish territory.
$ZEC
Pair: $ZEC /USDT
Direction: LONG
Entry Price: 1334.36
Target Levels (Take Profit)
TP 1: 1362.25 +2.09%
TP 2: 1380.85 +3.48%
TP 3: 1408.74 +5.57%
Stop Loss
SL: 1297.17
Technical Breakdown
Price Action & Support: ZEC ($1333.42) established a solid higher-low structure after sweeping lower liquidity near $1280. Recent green candles are grinding higher along the upper Bollinger Band ceiling, demonstrating steady buyer absorption and strong structural support.
Moving Averages & Confluence: Short-term MA 7 and MA 25 have executed a bullish crossover beneath current price action (~1320–1325). A clean breakout and candle close above the overhead baseline MA 99 (~1360) will act as the primary catalyst to accelerate momentum toward TP3.
RSI (14) has sloped steadily upward to approximately 58.00, confirming expanding buyer strength with plenty of room before hitting overbought conditions. The MACD histogram continues printing green bars above the zero line with signal lines trending upward in bullish territory.
$ZEC
