$ZEC is standing out here. It’s around $956 and one of the few names showing positive momentum.
I’m interested in a long, but I don’t want to chase strength. The better setup for me would be a controlled retest around $950 followed by a reclaim of $960.
Entry: $950–$958
Confirmation: Hold $950 + reclaim $960 with momentum
SL: $925
TP1: $985
TP2: $1,015
TP3: $1,050
TP4: $1,100
R:R: ~1:5.8
If ZEC loses $925, the bullish setup is invalid. I’ll wait for confirmation rather than assume the move continues.
I’m interested in a long, but I don’t want to chase strength. The better setup for me would be a controlled retest around $950 followed by a reclaim of $960.
Entry: $950–$958
Confirmation: Hold $950 + reclaim $960 with momentum
SL: $925
TP1: $985
TP2: $1,015
TP3: $1,050
TP4: $1,100
R:R: ~1:5.8
If ZEC loses $925, the bullish setup is invalid. I’ll wait for confirmation rather than assume the move continues.