$ZEC - Price around ~$281–$290 range today after intra-day swings.
Short-term trend bias remains bearish/neutral, with moving averages and oscillators showing selling pressure in broader timeframes.
Support Levels:
S1: ~$274 — intra-hour support cluster / prior rejection zone
S2: ~$266 — deeper support buffer
S3: ~$256 — lower range support (higher timeframe confluence)
Resistance Levels:
R1: ~$296–$299 — immediate resistance pivot
R2: ~$304–$308 — swing resistance
R3: ~$320+ — major supply zone above range breakout (Investing.com)
📊 1H Technical Signals
Bearish bias persists short-term unless price breaks above R1 pivot:
✔ Price below R1 (~$296) → sellers still in control
✔ Failure to reclaim resistance → likelihood of continuation down to S1/S2
✔ Tight range suggests consolidation soon
💡 Trade Setups (1H)
📌 Setup A — Breakout Long (Aggressive)
Bullish if price breaks and closes above ~$296 on 1H
Entry: Long Price > $296 with volume confirmation
Targets (TP):
TP1: $304–$308 (next pivot)
TP2: $320+ (above key resistance)
Stop-Loss: $288 (just below recent range low)
📌 Setup B — Short-Term Fade Short (Range Failure)
If price rejects R1 (~$296) and fails to hold breakout
Entry: Short near resistance $295–$299 (with bearish wick rejection)
Targets (TP):
TP1: $274 (support)
TP2: $266 (deeper support)
Stop-Loss: $303 (above local high / invalidation)
⚠ Only if signal candle shows clear rejection (pin bar / bearish engulfing)
📌 Setup C — “Mean Reversion” Pullback
If price drops to support and shows reversal candlestick / divergence:
Entry: Long near $274–$266 (on bullish signal candle + increasing volume)
Targets:
TP1: $288–$296
TP2: $304
Stop-Loss:
Below $264
This is more conservative bounce play.
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