📈 Trading Plan: $ZEC (Zcash) 🎯
$ZEC maintains a clearly bullish structure, but it is trading near extension zones. Here are the key levels to monitor for trading:
📍 Areas of Interest:
Support/Re-entry Zone: $920 - $950 USD (ideal retest to look for rebound confirmation).
Invalidation Zone (recommended SL): Daily candle close below $880 USD.
Resistance / Targets (TP):
TP1: $1,120 USD (partial profit taking).
TP2: $1,250 USD (upper range extension).
⚠️ Scenario: The daily RSI is in overbought levels. Entering at the current market price presents an unfavorable Risk/Reward. Patience is recommended until a reaction is confirmed in the support zone before looking for entry triggers.
Do you enter on a pullback or wait for breakout confirmation? 💬👇
#zec #tradingplan #cryptosignals #BinanceSquare #TechnicalAnalysis
$ZEC maintains a clearly bullish structure, but it is trading near extension zones. Here are the key levels to monitor for trading:
📍 Areas of Interest:
Support/Re-entry Zone: $920 - $950 USD (ideal retest to look for rebound confirmation).
Invalidation Zone (recommended SL): Daily candle close below $880 USD.
Resistance / Targets (TP):
TP1: $1,120 USD (partial profit taking).
TP2: $1,250 USD (upper range extension).
⚠️ Scenario: The daily RSI is in overbought levels. Entering at the current market price presents an unfavorable Risk/Reward. Patience is recommended until a reaction is confirmed in the support zone before looking for entry triggers.
Do you enter on a pullback or wait for breakout confirmation? 💬👇
#zec #tradingplan #cryptosignals #BinanceSquare #TechnicalAnalysis
