$ZEC pumped to 1,698 but is now retracing—is this a healthy pullback or the end of the rally? 🐂🔄
Entry: 🎯 1,340 - 1,365
SL: 🛑 1,250
TP: 💰 TP1: 1,450 | TP2: 1,550
$ZEC had a monstrous rally from 751 straight to 1,698 📈. It has since pulled back sharply and is currently bouncing right off the yellow MA(7) at 1,348. However, it faces stiff resistance at the purple MA(25) around 1,403. If the bulls can reclaim 1,400, we could see a continuation back toward the highs. If it loses 1,250, the uptrend is broken.
Am I wrong? Tell me below 👇
#zec
Entry: 🎯 1,340 - 1,365
SL: 🛑 1,250
TP: 💰 TP1: 1,450 | TP2: 1,550
$ZEC had a monstrous rally from 751 straight to 1,698 📈. It has since pulled back sharply and is currently bouncing right off the yellow MA(7) at 1,348. However, it faces stiff resistance at the purple MA(25) around 1,403. If the bulls can reclaim 1,400, we could see a continuation back toward the highs. If it loses 1,250, the uptrend is broken.
Am I wrong? Tell me below 👇
#zec