$ZEC LANDS IN KEY DEMAND ZONE! Is a Rebound Inbound? đ„
â$ZEC has pulled back from its local high of $1,699.00 and is currently testing a crucial Demand Zone / Support Block between $1,041.00 â $1,150.00!
âPrice is currently trading around $1,115.50 (-11.71%), placing it right in the sweet spot where buyers previously stepped in aggressively to trigger the massive rally toward $1,700!
âđ Technical Setup & Analysis
âDemand Zone Defense: Price is dipping directly into the ORANGE ORDER BLOCK that triggered the previous expansion.
âEMAs Dynamic Resistance: Price is sitting below the EMA 7, 25, 50, 100, and 200 on the 4H chart, indicating short-term bearish pressureâmeaning we need confirmation before going all-in.
âCritical Support Level: The key structural low to hold is $1,041.00.
âđŻ TRADE SETUP (TRADE SCENARIO)
âđ Entry Zone: $1,050.00 â $1,120.00 (Current Demand Area)
đ Stop Loss (SL): $1,020.00 (Below key structural support / swing low)
âđŻ Take Profit (TP) Targets:
âTP1: $1,200.00 (Near EMA 25/200 area)
âTP2: $1,280.00 (EMA 100 confluence)
âTP3: $1,380.00+ (Major resistance node)
ââ ïž Risk Disclaimer: Not financial advice. Trade with proper risk management and always wait for lower timeframe confirmation (e.g., 15m/1h bullish reversal market structure shift) before entering.
All that is according to my understanding of the market using #SupplyAndDemand plus EMA strategy.
âAre you buying the dip or waiting for further confirmation? Let us know in the comments below! đ
â$ZEC has pulled back from its local high of $1,699.00 and is currently testing a crucial Demand Zone / Support Block between $1,041.00 â $1,150.00!
âPrice is currently trading around $1,115.50 (-11.71%), placing it right in the sweet spot where buyers previously stepped in aggressively to trigger the massive rally toward $1,700!
âđ Technical Setup & Analysis
âDemand Zone Defense: Price is dipping directly into the ORANGE ORDER BLOCK that triggered the previous expansion.
âEMAs Dynamic Resistance: Price is sitting below the EMA 7, 25, 50, 100, and 200 on the 4H chart, indicating short-term bearish pressureâmeaning we need confirmation before going all-in.
âCritical Support Level: The key structural low to hold is $1,041.00.
âđŻ TRADE SETUP (TRADE SCENARIO)
âđ Entry Zone: $1,050.00 â $1,120.00 (Current Demand Area)
đ Stop Loss (SL): $1,020.00 (Below key structural support / swing low)
âđŻ Take Profit (TP) Targets:
âTP1: $1,200.00 (Near EMA 25/200 area)
âTP2: $1,280.00 (EMA 100 confluence)
âTP3: $1,380.00+ (Major resistance node)
ââ ïž Risk Disclaimer: Not financial advice. Trade with proper risk management and always wait for lower timeframe confirmation (e.g., 15m/1h bullish reversal market structure shift) before entering.
All that is according to my understanding of the market using #SupplyAndDemand plus EMA strategy.
âAre you buying the dip or waiting for further confirmation? Let us know in the comments below! đ