$ZEC shows a bounce from the strong demand zone between $1,125–$1,150 after a sharp decline.
📊 Bullish scenario:
Long positions may be prioritized as long as the price holds the support zone, but caution is advised because the short-term trend remains weak and the price is trading below the exponential moving averages (EMAs).
📍 Entry zones (ENTRY):
First entry: $1,175–$1,185
Second entry: $1,155–$1,165
Third entry: $1,135–$1,145
🎯 Price targets (TAKE PROFIT):
TP1: $1,243
TP2: $1,395
TP3: $1,512
🛑 Stop loss (STOP LOSS): $1,120
⚠️ Note: The bullish scenario remains conditional on the demand zone holding. Be sure to follow sound capital management and define your risk before entering.
#ZEC #LONG #CryptoTrading #PriceActionAnalysis #HotCPIDecemberHikePriced
📊 Bullish scenario:
Long positions may be prioritized as long as the price holds the support zone, but caution is advised because the short-term trend remains weak and the price is trading below the exponential moving averages (EMAs).
📍 Entry zones (ENTRY):
First entry: $1,175–$1,185
Second entry: $1,155–$1,165
Third entry: $1,135–$1,145
🎯 Price targets (TAKE PROFIT):
TP1: $1,243
TP2: $1,395
TP3: $1,512
🛑 Stop loss (STOP LOSS): $1,120
⚠️ Note: The bullish scenario remains conditional on the demand zone holding. Be sure to follow sound capital management and define your risk before entering.
#ZEC #LONG #CryptoTrading #PriceActionAnalysis #HotCPIDecemberHikePriced
