📉 ZEC — PULLBACK & TESTING MOVING AVERAGE SUPPORT! 🔴
$ZEC (Zcash) is trading lower at 1,529.33 (-2.33%), correcting from its 24h high of 1,616.61 down to a 24h low of 1,455.00. Price action on this 4H chart is testing the immediate moving average cluster, hovering right around the fast MA(7) (1,516.07) and MA(25) (1,525.45), while maintaining a very strong cushion well above the major structural MA(99) (1,319.86).
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1,440.00–1,515.00 (on stabilization and defense near the MA cluster and local demand level)
🛑 STOP LOSS: 1,380.00
🎯 TP1: 1,650.00
🎯 TP2: 1,800.00
Are you buying this ZEC dip around the moving average support zone, or waiting for a deeper retracement? Let's discuss below! 👇
👉 Trade: $ZEC
#zec #Zcash #cryptotrading #BinanceSquare #Correction
$ZEC (Zcash) is trading lower at 1,529.33 (-2.33%), correcting from its 24h high of 1,616.61 down to a 24h low of 1,455.00. Price action on this 4H chart is testing the immediate moving average cluster, hovering right around the fast MA(7) (1,516.07) and MA(25) (1,525.45), while maintaining a very strong cushion well above the major structural MA(99) (1,319.86).
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1,440.00–1,515.00 (on stabilization and defense near the MA cluster and local demand level)
🛑 STOP LOSS: 1,380.00
🎯 TP1: 1,650.00
🎯 TP2: 1,800.00
Are you buying this ZEC dip around the moving average support zone, or waiting for a deeper retracement? Let's discuss below! 👇
👉 Trade: $ZEC
#zec #Zcash #cryptotrading #BinanceSquare #Correction
