$ZEC /USDT is showing a sharp recovery after dropping toward 1,216.8, and I’m watching whether this bounce can hold. Price is back at 1,225.56, but I’d like to see buyers maintain momentum before getting too confident.
The price is trading above the visible MA60 at 1,219.88, which is a positive short-term sign. However, the chart is choppy, and the recent spike toward 1,228 shows that volatility is still high.
📍 Entry: 1,224.00–1,225.50, only if price holds this area and buying momentum continues.
🎯 TP1: 1,226.47 🎯 TP2: 1,228.93 🎯 TP3: No clear higher target is visible on this chart.
🛑 Invalidation: Below 1,219.08 for this short-term bullish idea.
If price loses 1,219.08, I’d step away from this setup because the recovery could be weakening and the market may revisit the lower levels around 1,216.62.
My approach: I’m leaning toward a cautious bounce trade, not chasing the current move blindly. The setup becomes more attractive if price consolidates above 1,224 and pushes through nearby resistance. If momentum fades, I’d rather wait than force an entry.
The price is trading above the visible MA60 at 1,219.88, which is a positive short-term sign. However, the chart is choppy, and the recent spike toward 1,228 shows that volatility is still high.
📍 Entry: 1,224.00–1,225.50, only if price holds this area and buying momentum continues.
🎯 TP1: 1,226.47 🎯 TP2: 1,228.93 🎯 TP3: No clear higher target is visible on this chart.
🛑 Invalidation: Below 1,219.08 for this short-term bullish idea.
If price loses 1,219.08, I’d step away from this setup because the recovery could be weakening and the market may revisit the lower levels around 1,216.62.
My approach: I’m leaning toward a cautious bounce trade, not chasing the current move blindly. The setup becomes more attractive if price consolidates above 1,224 and pushes through nearby resistance. If momentum fades, I’d rather wait than force an entry.