ZCASH $ZEC REBOUNDING OFF OVERSOLD LOWS! ARE BULLS PREPARING FOR A surge TO $1506.76?
Pair: $ZEC /USDT
Direction: LONG
Entry Price: 1389.69
Target Levels (Take Profit)
TP 1: 1433.59 +3.16%
TP 2: 1462.86 +5.27%
TP 3: 1506.76 +8.42%
Stop Loss
SL: 1331.16
Technical Breakdown
Price Action & Support: ZEC ($1389.45) formed a decisive bottom wick near the $1330.00 liquidity pool before printing strong green recovery candles. The solid push back into the middle Bollinger Band zone reflects intense buyer absorption at lower levels.
Moving Averages & Confluence: Price action has crossed back above short-term MAs (MA 7 & MA 25) and is now eyeing a retest of the baseline MA 99 (~1440.00). Reclaiming the MA 99 will confirm full trend reversal momentum.
Indicators: RSI (14) has rebounded sharply from sub-30 oversold territory back above 50.00, signaling a clear shift in market momentum. The MACD histogram has flipped positive green with a fresh bullish signal line cross, validating building upward drive.
$ZEC
Pair: $ZEC /USDT
Direction: LONG
Entry Price: 1389.69
Target Levels (Take Profit)
TP 1: 1433.59 +3.16%
TP 2: 1462.86 +5.27%
TP 3: 1506.76 +8.42%
Stop Loss
SL: 1331.16
Technical Breakdown
Price Action & Support: ZEC ($1389.45) formed a decisive bottom wick near the $1330.00 liquidity pool before printing strong green recovery candles. The solid push back into the middle Bollinger Band zone reflects intense buyer absorption at lower levels.
Moving Averages & Confluence: Price action has crossed back above short-term MAs (MA 7 & MA 25) and is now eyeing a retest of the baseline MA 99 (~1440.00). Reclaiming the MA 99 will confirm full trend reversal momentum.
Indicators: RSI (14) has rebounded sharply from sub-30 oversold territory back above 50.00, signaling a clear shift in market momentum. The MACD histogram has flipped positive green with a fresh bullish signal line cross, validating building upward drive.
$ZEC
