๐ Technical update for coin $ZEC fast! ๐
The market structure for the ZEC coin shows a strong overall upward trend, and the price is currently in a temporary bearish correction phase after touching a peak at 888.37, now stabilizing at 839.00. The price is trading near the fast moving average (7) EMA at 837.61, which acts as immediate support, while the RSI indicator remains steady in the positive zone at 53.55.
โฌ ๏ธ Suitable entry area: Buy from the current levels of 839.00, or after confirmation of a rebound and stabilization above 845.00.
๐ฏ First target: 860
๐ฏ Second target: 875
๐ฏ Third target: 888
โ ๏ธ Stop loss (SL): Close a candle below the nearby support level at 820.00.
#SaylorHintsStrategyBitcoinBuy
The market structure for the ZEC coin shows a strong overall upward trend, and the price is currently in a temporary bearish correction phase after touching a peak at 888.37, now stabilizing at 839.00. The price is trading near the fast moving average (7) EMA at 837.61, which acts as immediate support, while the RSI indicator remains steady in the positive zone at 53.55.
โฌ ๏ธ Suitable entry area: Buy from the current levels of 839.00, or after confirmation of a rebound and stabilization above 845.00.
๐ฏ First target: 860
๐ฏ Second target: 875
๐ฏ Third target: 888
โ ๏ธ Stop loss (SL): Close a candle below the nearby support level at 820.00.
#SaylorHintsStrategyBitcoinBuy