I’m watching $ZEC /USDT after that sharp rebound from the 1020.50 area. Price is now around 1023.98 and sitting above the visible MA60 at 1021.43, showing short-term recovery momentum.
The key area for me is 1023.41–1024.14. Price has pushed back above 1023.41, but 1024.14 is the visible 24h high, so I don’t want to chase directly into resistance.
📍 Entry: 1023.41–1023.98
🎯 TP1: 1024.14
🎯 TP2: Not clearly justified from the visible chart
🎯 TP3: Not available from the visible range
🛑 Invalidation: 1021.23
If price loses 1021.23, I’d step away from this setup because that would weaken the current rebound and bring the MA60 area around 1021.43 back into focus.
Volume also shows a noticeable spike during the sharp drop and rebound, while the latest candles are smaller. For me, that means confirmation around 1023.41 is more important than blindly entering.
I’m watching the reaction near 1024.14 rather than forcing a breakout trade. Confirmation matters more than chasing the move.
The key area for me is 1023.41–1024.14. Price has pushed back above 1023.41, but 1024.14 is the visible 24h high, so I don’t want to chase directly into resistance.
📍 Entry: 1023.41–1023.98
🎯 TP1: 1024.14
🎯 TP2: Not clearly justified from the visible chart
🎯 TP3: Not available from the visible range
🛑 Invalidation: 1021.23
If price loses 1021.23, I’d step away from this setup because that would weaken the current rebound and bring the MA60 area around 1021.43 back into focus.
Volume also shows a noticeable spike during the sharp drop and rebound, while the latest candles are smaller. For me, that means confirmation around 1023.41 is more important than blindly entering.
I’m watching the reaction near 1024.14 rather than forcing a breakout trade. Confirmation matters more than chasing the move.