$ZEC 4H STRONG REVERSAL 🚀 ... Bulls Are Back in Control!
$ZEC has staged an impressive V-shaped recovery, bouncing hard from a recent low of 1,120.01 to a 24h high of 1,342.18. Currently trading around 1,321.17 (+10.90%), the 4H chart shows a massive green impulse, completely erasing the previous sell-off.
Price is now testing the upper resistance zone after a strong run.
A strong continuation here could push price towards the 1,350.39 – 1,397.58 resistance levels.
If momentum returns, a breakout into price discovery is possible.
As long as 1,289.33 holds as immediate support, I still see a chance for another leg up.
Still risky ... Buyers need to break and hold above the 1,342 high to confirm the next move.
Use stop loss while trading.
Trade on $ZEC
$ZEC has staged an impressive V-shaped recovery, bouncing hard from a recent low of 1,120.01 to a 24h high of 1,342.18. Currently trading around 1,321.17 (+10.90%), the 4H chart shows a massive green impulse, completely erasing the previous sell-off.
Price is now testing the upper resistance zone after a strong run.
A strong continuation here could push price towards the 1,350.39 – 1,397.58 resistance levels.
If momentum returns, a breakout into price discovery is possible.
As long as 1,289.33 holds as immediate support, I still see a chance for another leg up.
Still risky ... Buyers need to break and hold above the 1,342 high to confirm the next move.
Use stop loss while trading.
Trade on $ZEC
