$ZEC is accumulating and forming Lower Highs at 1494 and 1460, indicating that selling pressure is still present.
· Currently, price is trading around 1417, sitting below moving average and retesting nearest support zone.
· Trading volume shows a significant increase during sell-offs and breakout attempts, reflecting a highly contested market sentiment.
🎯 TRADING SET UP
· $ZEC Scenario Long (Buying the dip) - Catching the rebound 📈
· Condition: Price holds 1400 - 1417 support zone and prints a bullish reversal candle
· Entry: 1400 to 1417.
· SL: below 1350 (recent bottom).
· TP: Target 1 at 1460; Target 2 at 1494. If it strongly breaks 1494, expect 1550.
· $ZEC Scenario Short (Selling the rally) - Catching the correction 📉
· Condition: Price recovers to 1460 - 1494 resistance zone but showing strong rejection
· Entry: 1460 to 1494.
· SL: above 1525
· TP: Target 1 at 1400; Target 2 at 1356. If it breaks 1356, next target is 1300.
Support me just Trade here👇
#zec #zcash
· Currently, price is trading around 1417, sitting below moving average and retesting nearest support zone.
· Trading volume shows a significant increase during sell-offs and breakout attempts, reflecting a highly contested market sentiment.
🎯 TRADING SET UP
· $ZEC Scenario Long (Buying the dip) - Catching the rebound 📈
· Condition: Price holds 1400 - 1417 support zone and prints a bullish reversal candle
· Entry: 1400 to 1417.
· SL: below 1350 (recent bottom).
· TP: Target 1 at 1460; Target 2 at 1494. If it strongly breaks 1494, expect 1550.
· $ZEC Scenario Short (Selling the rally) - Catching the correction 📉
· Condition: Price recovers to 1460 - 1494 resistance zone but showing strong rejection
· Entry: 1460 to 1494.
· SL: above 1525
· TP: Target 1 at 1400; Target 2 at 1356. If it breaks 1356, next target is 1300.
Support me just Trade here👇
#zec #zcash
