$ZEC is showing signs of a potential bounce after retesting the $1,295–$1,305 support zone. Price has started recovering from this area, and buyers are attempting to regain control after the recent pullback.
On the 1H chart, this zone is the key level to watch. If support holds and ZEC forms higher lows, a recovery toward $1,400 becomes possible, followed by the $1,480–$1,490 resistance area. However, a clean breakdown below support would weaken the bullish setup.
I’m watching for bullish confirmation around the current zone rather than chasing the initial bounce. A sustained move above the nearby resistance would strengthen the continuation case, while a loss of support could invalidate the idea.
LONG: $ZEC
Entry: $1,295–$1,315, after bullish confirmation
TP1: $1,400
TP2: $1,450
TP3: $1,485
SL: $1,230
Risk only 1–2% of trading capital.
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On the 1H chart, this zone is the key level to watch. If support holds and ZEC forms higher lows, a recovery toward $1,400 becomes possible, followed by the $1,480–$1,490 resistance area. However, a clean breakdown below support would weaken the bullish setup.
I’m watching for bullish confirmation around the current zone rather than chasing the initial bounce. A sustained move above the nearby resistance would strengthen the continuation case, while a loss of support could invalidate the idea.
LONG: $ZEC
Entry: $1,295–$1,315, after bullish confirmation
TP1: $1,400
TP2: $1,450
TP3: $1,485
SL: $1,230
Risk only 1–2% of trading capital.
#GreekPoliceBustCryptoScamRingArrest17
#FedOctoberRateHikeOddsFallTo17%
#NvidiaHitsRecordHighUp2.4%
