🚹 $ZEC OVERBOUGHT RESTRUCTURING OR SUPPORT REBOUND? (TRADE SETUP) 🚀
​$ZEC (Zcash) experienced a pull-back to $1,439.28 after hitting a local peak at $1,552.70. On the 1H timeframe, the price has dipped slightly below the 1H MA7 ($1,443.50) and 1H MA25 ($1,476.84), while testing the key horizontal/MA99 dynamic support near $1,428.00 – $1,438.00. With the 1H RSI(6) currently cooling off in oversold territory around 21.90, a potential technical bounce is setting up.
​🎯 TRADE SETUP:
​Long Entry Zone: $1,425 – $1,440 (Buy near MA99/horizontal retest support)
​Take Profit 1 (TP1): $1,475 (1H MA25 Resistance Reclaim)
​Take Profit 2 (TP2): $1,535 (Upper Trendline / Previous Swing High)
​Stop Loss (SL): $1,405 (Strict Risk Management below $1,412 support)
​👇 Execute your trade directly via the token tag below:
â€‹đŸ—łïž What is your trade plan on $ZEC today?
​🟱 Long Position
​🔮 Short Position
​🍿 Limit Order
13 heure(s) restante(s)