đ„The $ZEC 1h chart displays #zcash trading around 1227.53 (-6.50%) after a swift, aggressive sell off from higher local levels. Price action is currently consolidating near local demand levels and trading below its key moving averages (MA 7 at 1245, MA 25 at 1298, and MA 99 at 1327). A projected relief rally off this immediate support band suggests a potential long entry opportunity targeting overhead resistance areas
đEntry Long: 1220 - 1234
đ„Stop Loss: < 1200
đTP1: 1275 - 1288
đTP2: 1318 - 1330
đ„Disclaimer: Technical analysis is based on chart patterns for educational and informational purposes only. Trading cryptocurrency derivatives carries significant financial risk. Always practice strict risk management and set stop loss orders on every trade
Click here to view the chart #zec đïžđđ
đEntry Long: 1220 - 1234
đ„Stop Loss: < 1200
đTP1: 1275 - 1288
đTP2: 1318 - 1330
đ„Disclaimer: Technical analysis is based on chart patterns for educational and informational purposes only. Trading cryptocurrency derivatives carries significant financial risk. Always practice strict risk management and set stop loss orders on every trade
Click here to view the chart #zec đïžđđ