$ZEC /USDT — recovery attempt at key support.
Bounced from the 1,156 zone and is trying to climb back. But let's be honest about the context — the 4H structure is still under pressure after that sharp decline. This is a bounce, not a trend change.
Long entry: 1,197 – 1,212
Targets: 1,232 / 1,262 / 1,297
Stop: 1,177
Hold above 1,190 and a move toward 1,232+ is possible. Break below 1,177 and the bullish case falls apart.
The stop is tight relative to the targets, which is the appeal here. But don't confuse a bounce off support with a reversal — respect the invalidation level.#zec #CPIWatch #BTCDominanceBackAt60%
Bounced from the 1,156 zone and is trying to climb back. But let's be honest about the context — the 4H structure is still under pressure after that sharp decline. This is a bounce, not a trend change.
Long entry: 1,197 – 1,212
Targets: 1,232 / 1,262 / 1,297
Stop: 1,177
Hold above 1,190 and a move toward 1,232+ is possible. Break below 1,177 and the bullish case falls apart.
The stop is tight relative to the targets, which is the appeal here. But don't confuse a bounce off support with a reversal — respect the invalidation level.#zec #CPIWatch #BTCDominanceBackAt60%