🚨 $ZEC — BULLISH CONTINUATION OR SHORT-TERM PULLBACK?
ZEC is showing a bullish structure on the 1H timeframe, with a higher high and higher low supporting the current upside bias.
📊 Trade Setup — LONG
🟢 Entry Zone: $1,240–$1,260
🎯 TP1: $1,288.10
🎯 TP2: $1,347.54
🎯 TP3: $1,383.76
🎯 TP4: $1,413.00
🛑 Invalidation: Below $1,216.60
📈 What supports the setup?
• Higher-high and higher-low structure on the 1H chart.
• Retests around $1,243.18–$1,238.09 may offer potential demand confirmation.
• Bullish weekly and BTC trends provide additional confluence.
⚠️ Important Risk Factors: The daily trend remains bearish, while RSI near 71 suggests overbought conditions and possible short-term pullbacks. Watch for a confirmed bounce with volume before entering.
Key level to watch: $1,243.
Will ZEC reach $1,347 next, or pull back first? 👇
Trade smart. Manage risk. DYOR.
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