$ZEC The macro trend remains bearish. However, signs of a potential double-bottom pattern are emerging near the 1270 support zone
· ⚡ Short term (1 hour): Momentum is bullish. The price rebounded from 1278 and rose to 1360. It is currently testing immediate resistance at 1368
· 🟢 Long scenario (preferred)
· $ZEC Long entry: 1330 - 1350 (pullback to support)
· Stop loss: Below 1270 (recent major swing low).
· Take profit: 1400 (first target), 1450 (second target)
· 🔴 Short scenario (alternative)
· $ZEC Short entry: 1360 - 1400 (if there is a strong rejection in this resistance zone)
· Stop loss: Above 1430
· Take profit: 1300 (first target), 1280 (second target)
Support me by trading here 👇
#zec #zcash
· ⚡ Short term (1 hour): Momentum is bullish. The price rebounded from 1278 and rose to 1360. It is currently testing immediate resistance at 1368
· 🟢 Long scenario (preferred)
· $ZEC Long entry: 1330 - 1350 (pullback to support)
· Stop loss: Below 1270 (recent major swing low).
· Take profit: 1400 (first target), 1450 (second target)
· 🔴 Short scenario (alternative)
· $ZEC Short entry: 1360 - 1400 (if there is a strong rejection in this resistance zone)
· Stop loss: Above 1430
· Take profit: 1300 (first target), 1280 (second target)
Support me by trading here 👇
#zec #zcash
