$ZEC Bulls have taken control, but the next move near resistance matters.
Direction: LONG 🟢
Entry: $1,305–$1,325
SL: $1,275
TP1: $1,368
TP2: $1,400
TP3: $1,440
Timeframe: 4H
ZEC has rallied sharply from the $1,048 low and is now trading around $1,355. Price is above all three displayed moving averages, showing strong short-term momentum. However, the recent high at $1,367.96 is the immediate resistance, and buying after such a strong move carries pullback risk.
I would prefer a retest of the $1,305–$1,325 area followed by a bullish reaction before considering a long. A convincing 4H close above $1,368 could support another leg higher, while a drop below $1,275 would invalidate this plan. TP2 and TP3 are speculative extension levels, not confirmed chart resistance.
I would rather wait for confirmation than chase a large green candle. Would you buy a retest or wait for a clean breakout above $1,368?
$IRYS
$IOST
Direction: LONG 🟢
Entry: $1,305–$1,325
SL: $1,275
TP1: $1,368
TP2: $1,400
TP3: $1,440
Timeframe: 4H
ZEC has rallied sharply from the $1,048 low and is now trading around $1,355. Price is above all three displayed moving averages, showing strong short-term momentum. However, the recent high at $1,367.96 is the immediate resistance, and buying after such a strong move carries pullback risk.
I would prefer a retest of the $1,305–$1,325 area followed by a bullish reaction before considering a long. A convincing 4H close above $1,368 could support another leg higher, while a drop below $1,275 would invalidate this plan. TP2 and TP3 are speculative extension levels, not confirmed chart resistance.
I would rather wait for confirmation than chase a large green candle. Would you buy a retest or wait for a clean breakout above $1,368?
$IRYS
$IOST