đ„ $ZEC â VJ ANALYSIS | 1H VIP SETUP đ„
#ZEC is trading around 1,204.86, down sharply after a strong bearish move from the 1,348 area. Price is currently sitting near a major support zone, while momentum remains weak.
đ KEY LEVELS
đŽ Resistance R1: 1,278â1,308
đŽ Resistance R2: 1,324â1,348
đą Support S1: 1,183â1,204
đą Support S2: 1,150â1,170
đ§ Liquidity:
Buy-side liquidity: 1,348
Sell-side liquidity: 1,194
đ LONG SETUP:
Aggressive entry: 1,205â1,220
TP1: 1,260
TP2: 1,300
SL: 1,180
â ïž SHORT SETUP:
Conservative entry: 1,245â1,260 after rejection
TP1: 1,200
TP2: 1,150
SL: 1,285
đ TECHNICAL VIEW: MACD remains bearish and price is below the major moving averages, confirming strong short-term selling pressure. However, RSI is deeply oversold, creating the possibility of a relief bounce.
đ§ FUNDAMENTAL VIEW: Zcash maintains a strong privacy-focused use case, while ecosystem development and privacy demand can support longer-term value. Short-term price action, however, remains heavily dependent on market sentiment.
đ„ VJ TAKE: Trend is bearish until ZEC reclaims 1,278+. Watch 1,194 closely for a liquidity sweep and confirmation before entering.
â ïž Trade with confirmation and strict risk management. Not financial advice.$ZEC
#ZEC is trading around 1,204.86, down sharply after a strong bearish move from the 1,348 area. Price is currently sitting near a major support zone, while momentum remains weak.
đ KEY LEVELS
đŽ Resistance R1: 1,278â1,308
đŽ Resistance R2: 1,324â1,348
đą Support S1: 1,183â1,204
đą Support S2: 1,150â1,170
đ§ Liquidity:
Buy-side liquidity: 1,348
Sell-side liquidity: 1,194
đ LONG SETUP:
Aggressive entry: 1,205â1,220
TP1: 1,260
TP2: 1,300
SL: 1,180
â ïž SHORT SETUP:
Conservative entry: 1,245â1,260 after rejection
TP1: 1,200
TP2: 1,150
SL: 1,285
đ TECHNICAL VIEW: MACD remains bearish and price is below the major moving averages, confirming strong short-term selling pressure. However, RSI is deeply oversold, creating the possibility of a relief bounce.
đ§ FUNDAMENTAL VIEW: Zcash maintains a strong privacy-focused use case, while ecosystem development and privacy demand can support longer-term value. Short-term price action, however, remains heavily dependent on market sentiment.
đ„ VJ TAKE: Trend is bearish until ZEC reclaims 1,278+. Watch 1,194 closely for a liquidity sweep and confirmation before entering.
â ïž Trade with confirmation and strict risk management. Not financial advice.$ZEC