$ZEC : REBOUND OR CONTINUATION? (TRADE SETUP) ๐
โ$ZEC (Zcash) reached a 24h high of $1,573.00 before pulling back into a consolidation phase around $1,466.76 (-4.41%). On the 1H chart, price is rebounding from the local low of $1,443.73 and attempting to reclaim the 1H MA7 ($1,468.22). With the 1H RSI(6) sitting around 37.24 in near-oversold territory, a solid technical rebound setup is emerging.
โ๐ฏ ACTIONABLE TRADE SETUP:
โLong Entry Zone: $1,450 โ $1,470 (Buy on pullback near 1H MA7 / Support Zone)
โTake Profit 1 (TP1): $1,503 (1H MA25 Resistance Reclaim)
โTake Profit 2 (TP2): $1,570 (24h High Retest)
โStop Loss (SL): $1,430 (Strict Risk Management below 24h Low)
โ๐ Execute your trade directly via the token tag below:
What is your trade plan on $ZEC today?
โ$ZEC (Zcash) reached a 24h high of $1,573.00 before pulling back into a consolidation phase around $1,466.76 (-4.41%). On the 1H chart, price is rebounding from the local low of $1,443.73 and attempting to reclaim the 1H MA7 ($1,468.22). With the 1H RSI(6) sitting around 37.24 in near-oversold territory, a solid technical rebound setup is emerging.
โ๐ฏ ACTIONABLE TRADE SETUP:
โLong Entry Zone: $1,450 โ $1,470 (Buy on pullback near 1H MA7 / Support Zone)
โTake Profit 1 (TP1): $1,503 (1H MA25 Resistance Reclaim)
โTake Profit 2 (TP2): $1,570 (24h High Retest)
โStop Loss (SL): $1,430 (Strict Risk Management below 24h Low)
โ๐ Execute your trade directly via the token tag below:
What is your trade plan on $ZEC today?
โ๐ข Long Position
50%
โ๐ด Short Position
25%
โ๐ฟ Limit Order
25%
4 votes โข Voting closed