$ZEC Retests the Range High Bulls Try Again at Resistance
Pair: $ZEC /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 1440.00 – 1446.00
Take Profit:
- TP1: 1465.00 +7%
- TP2: 1480.00 +13%
- TP3: 1494.31 +18%
Stop Loss: 1415.00
Chart Structure:
- ZEC spiked hard to a 1494 high, then whipsawed through a choppy consolidation between ~1395–1460 before pushing back up to retest resistance at the horizontal line near 1443–1445
- All three moving averages (MA5, MA10, MA20) have converged and are now curling back upward together, showing the consolidation resolving with renewed bullish momentum
- Price just broke above the recent local resistance line (red horizontal) with the latest green candle, a constructive sign after the choppy range
- Volume on the breakout push is elevated relative to the recent consolidation candles, supporting the move rather than a thin breakout
- Headline tailwind: reports of a key hire to assist with a public listing merger add a fundamental catalyst alongside the technical setup
- Stop placed below the recent consolidation low, giving room for a normal retest without exposing to a fresh breakdown
$ZEC
Pair: $ZEC /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 1440.00 – 1446.00
Take Profit:
- TP1: 1465.00 +7%
- TP2: 1480.00 +13%
- TP3: 1494.31 +18%
Stop Loss: 1415.00
Chart Structure:
- ZEC spiked hard to a 1494 high, then whipsawed through a choppy consolidation between ~1395–1460 before pushing back up to retest resistance at the horizontal line near 1443–1445
- All three moving averages (MA5, MA10, MA20) have converged and are now curling back upward together, showing the consolidation resolving with renewed bullish momentum
- Price just broke above the recent local resistance line (red horizontal) with the latest green candle, a constructive sign after the choppy range
- Volume on the breakout push is elevated relative to the recent consolidation candles, supporting the move rather than a thin breakout
- Headline tailwind: reports of a key hire to assist with a public listing merger add a fundamental catalyst alongside the technical setup
- Stop placed below the recent consolidation low, giving room for a normal retest without exposing to a fresh breakdown
$ZEC
