๐ฅ
$ZEC 4H: Profit-Taking Pullback or Institutional Reload Zone Before the Next Expansion?
๐ Timeframe Analyzed: 4H only
The chart shows
$ZEC trading near 464.84 USDT after a sharp impulsive rally into the 512.00 liquidity high, followed by a healthy corrective move.
๐ Market Bias: ๐ข Bullish (Corrective Phase)
Despite the recent pullback, the broader 4H structure remains constructive:
โ
Price remains above the MA(99) at 428.68
โ
MA(25) remains above MA(99), preserving medium-term bullish structure.
โ ๏ธ Short-term momentum weakened after rejection from 512, suggesting ongoing profit-taking rather than confirmed trend reversal.
Current market condition: Bullish trend undergoing correction.
๐ฏ Trade Setup
Primary Setup: โ
LONG THE DISCOUNT ZONE
๐ Entry Zone: 455 - 462
๐ Stop Loss: 442
๐ฏ TP1: 485
๐ฏ TP2: 500
๐ฏ TP3: 512
โ๏ธ Risk : Reward: Approximately 1:3
โ Trade Invalidation:
A 4H candle close below 442 would invalidate the bullish continuation setup and indicate deeper retracement risk.
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