$ZEC
ZECUSDT Perpetual | Long Setup | Intraday Structure
A short liquidation of $4.2668K was recorded at $1325.51, one of the larger prints in this feed. Large short liquidations at a single price show that sellers were positioned against the move and have been forced to buy back. Price is holding near $1300.00, and that level is now the key support. The bias is bullish continuation.
EP (Entry Price): $1310.00 to $1328.00
TP1: $1365.00
TP2: $1410.00
TP3: $1460.00
SL (Stop Loss): $1262.00
Trend strength: Buyers are defending the $1300.00 area, and the short squeeze at $1325.51 shows upward pressure is active. The trend stays positive while price holds above $1262.00.
Momentum and structure bias: Momentum favors buyers as forced short covering adds to demand. The structure remains bullish above $1300.00, and a close below $1262.00 invalidates this setup.
Why price is likely to reach the targets: Resting stop orders above $1340.00 become fuel once price clears that zone, which opens the path to $1365.00 and $1410.00. The $1460.00 level is the extended target where the next supply is expected.
$ZEC
ZECUSDT Perpetual | Long Setup | Intraday Structure
A short liquidation of $4.2668K was recorded at $1325.51, one of the larger prints in this feed. Large short liquidations at a single price show that sellers were positioned against the move and have been forced to buy back. Price is holding near $1300.00, and that level is now the key support. The bias is bullish continuation.
EP (Entry Price): $1310.00 to $1328.00
TP1: $1365.00
TP2: $1410.00
TP3: $1460.00
SL (Stop Loss): $1262.00
Trend strength: Buyers are defending the $1300.00 area, and the short squeeze at $1325.51 shows upward pressure is active. The trend stays positive while price holds above $1262.00.
Momentum and structure bias: Momentum favors buyers as forced short covering adds to demand. The structure remains bullish above $1300.00, and a close below $1262.00 invalidates this setup.
Why price is likely to reach the targets: Resting stop orders above $1340.00 become fuel once price clears that zone, which opens the path to $1365.00 and $1410.00. The $1460.00 level is the extended target where the next supply is expected.
$ZEC
