$ZEC USDT: Potential Long Setup | Targets $1,250 and $1,400
$ZEC is trading around $1,158, and I’m watching the $1,130–$1,150 zone for a potential long opportunity.
The daily chart is still showing bearish momentum, but if buyers defend this support area and price starts recovering, we could see a move toward the previous resistance levels.
Key levels
Support zone: $1,130–$1,150
Target 1: $1,250
Target 2: $1,400
Invalidation: A sustained breakdown below support
The plan is to watch for confirmation of a bounce before entering. A reclaim of nearby resistance would strengthen the setup, while continued selling could delay the recovery.
Both targets depend on price reversing successfully. For now, this is a potential long setup, not a confirmed trend reversal.
@CryptoNewsHQ
$ZEC is trading around $1,158, and I’m watching the $1,130–$1,150 zone for a potential long opportunity.
The daily chart is still showing bearish momentum, but if buyers defend this support area and price starts recovering, we could see a move toward the previous resistance levels.
Key levels
Support zone: $1,130–$1,150
Target 1: $1,250
Target 2: $1,400
Invalidation: A sustained breakdown below support
The plan is to watch for confirmation of a bounce before entering. A reclaim of nearby resistance would strengthen the setup, while continued selling could delay the recovery.
Both targets depend on price reversing successfully. For now, this is a potential long setup, not a confirmed trend reversal.
@CryptoNewsHQ