$ZEC /USDT (1-Hour timeframe) chart is currently in a consolidation zone (sideways), but it is showing a small bullish bounce:
Key Technical Points:
Moving Averages (MA): Current price ($839.48) is above the short-term MA(7) [832.82] and the long-term MA(99) [820.61], indicating strong support below. However, the price is right near MA(25) [839.84] and is battling there.
Support & Resistance:
Support: $818.00 – $820.00, and after that the bottom is at $805.05.
Resistance: $855.00, and after that the major peak is at $888.37.
RSI (6): is at 58.27, which is showing a slight bullish (upward) momentum.
Trade Scenarios:
Short Scenario (Niche ki trade):
If the price cannot hold above $840.00 and the candle closes below, then the price may dip again to the support zone of $820.00 – $818.00.
Stop-Loss (SL): Above $848.00.
Long Scenario (Upar ki trade):
If the price stabilizes above $840.00, then there are chances to move up to the next target of $855.00 and then $873.00.
Risk Warning: The crypto market is volatile; always trade with a strict Stop-Loss and proper risk control.
#ZECUSDT #zec #Binance #Write2Earn #Crypto_Jobs🎯
