$ZEC BREAKS OUT ON 1D — RETEST COULD SET UP THE NEXT LEG
$ZEC has surged from the $570 area to a fresh $860.28 high, with price now holding around $785.45. Momentum is strongly bullish, but the daily move is extended, so patience is important before entering.
ZEC/USDT — LONG
Trade Plan
Entry: $700–$740 on a healthy retest, or after a confirmed 1D close above $860. SL: $650 TP1: $860 TP2: $920 TP3: $1,000
Why this setup?
The daily structure has shifted sharply bullish, with price breaking above the previous $661.81 resistance and accelerating toward $860.28. The $700–$740 area can act as a key retest zone, while holding above $650 keeps the breakout structure constructive. A clean reclaim of $860 would open the door for further upside.
Strong breakouts are best traded with confirmation—protect the entry before chasing the extension. $ZEC
$ZEC has surged from the $570 area to a fresh $860.28 high, with price now holding around $785.45. Momentum is strongly bullish, but the daily move is extended, so patience is important before entering.
ZEC/USDT — LONG
Trade Plan
Entry: $700–$740 on a healthy retest, or after a confirmed 1D close above $860. SL: $650 TP1: $860 TP2: $920 TP3: $1,000
Why this setup?
The daily structure has shifted sharply bullish, with price breaking above the previous $661.81 resistance and accelerating toward $860.28. The $700–$740 area can act as a key retest zone, while holding above $650 keeps the breakout structure constructive. A clean reclaim of $860 would open the door for further upside.
Strong breakouts are best traded with confirmation—protect the entry before chasing the extension. $ZEC