$ZEC is showing a potential bullish reaction after retesting the $1,300 support zone.
Following the recent pullback from the $1,600 area, buyers are stepping in near a previous breakout level, making this zone important for a possible trend continuation.
On the 4H chart, price has bounced from the $1,295–$1,300 demand area. If buyers continue defending this level and price reclaims nearby resistance, a recovery toward $1,450 and potentially $1,550–$1,600 could develop. A sustained breakdown below support would weaken the bullish setup.
I’m looking for a long entry near the current support, but confirmation matters. Avoid chasing the bounce; watch for a successful retest and bullish price action before entering.
LONG: $ZEC
Entry: $1,350–$1,390 after confirmation
TP1: $1,450
TP2: $1,550
TP3: $1,600
SL: $1,285
#EthereumFoundationLaunchesZkAPIOnMainnet
#EvernorthPlansNasdaqListingOct8
#SECProposesCryptoCustodyFramework
#EtherGains70.9%InQ3
Following the recent pullback from the $1,600 area, buyers are stepping in near a previous breakout level, making this zone important for a possible trend continuation.
On the 4H chart, price has bounced from the $1,295–$1,300 demand area. If buyers continue defending this level and price reclaims nearby resistance, a recovery toward $1,450 and potentially $1,550–$1,600 could develop. A sustained breakdown below support would weaken the bullish setup.
I’m looking for a long entry near the current support, but confirmation matters. Avoid chasing the bounce; watch for a successful retest and bullish price action before entering.
LONG: $ZEC
Entry: $1,350–$1,390 after confirmation
TP1: $1,450
TP2: $1,550
TP3: $1,600
SL: $1,285
#EthereumFoundationLaunchesZkAPIOnMainnet
#EvernorthPlansNasdaqListingOct8
#SECProposesCryptoCustodyFramework
#EtherGains70.9%InQ3
