Can ZEC push higher after this daily bullish stack?

🟱 LONG $ZEC /USDT: expecting price to go UP
Bias: LONG · Leaning

Entry: 1229.25 – 1231.51
TP1: 1247.95 (+1.4%)
TP2: 1259.66 (+2.4%)
TP3: 1277.23 (+3.8%)
SL: 1206.95 (-1.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Why LONG? 4/12 signals agree, 1 against.
‱ Daily trend up (above EMA50 & EMA200)
‱ Buyers are driving the move (15m ADX 26.1)
‱ Buyers have the momentum (1h RSI 62.3)
Risk: Sellers have the momentum (4h RSI 43.7)

Bull path:
If the setup works, price could reach 1247.95 and then 1259.66 as buyers stay in control, supported by the daily bullish trend.

What kills it:
A drop back below 1206.95 would break the setup, so I would exit the long immediately.

Where would you place your stop on this one?

Full setup on the chart below.

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⚠ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.