$ZEC is bouncing back from the dead. Up 6.7% today, printing a sharp recovery from the $1,100 washout.
Look at the chart. A massive run from $236 to $1,698, followed by a brutal -30% correction. The weak hands are out. RSI is sitting at 34 â deeply oversold. The $1,100-$1,200 zone is acting as a strong demand base.
Privacy coins are quietly heating up again. This is a classic dip-buying opportunity.
Trade the setup: Long here at $1,190. Stop loss tightly below $1,100. First target $1,350, second target $1,500. If it reclaims $1,698, price discovery begins.
Don't fade the bounce. đ
Look at the chart. A massive run from $236 to $1,698, followed by a brutal -30% correction. The weak hands are out. RSI is sitting at 34 â deeply oversold. The $1,100-$1,200 zone is acting as a strong demand base.
Privacy coins are quietly heating up again. This is a classic dip-buying opportunity.
Trade the setup: Long here at $1,190. Stop loss tightly below $1,100. First target $1,350, second target $1,500. If it reclaims $1,698, price discovery begins.
Don't fade the bounce. đ