📉 ZEC — PULLBACK & TESTING LOCAL SUPPORT BASE! 🔄
$ZEC is trading lower at 1,213.27 (-4.74%, or roughly Rs335,640.71), moving within an active 24-hour range between a high of 1,277.77 and a low of 1,176.98. Price action on this 4-hour chart displays a continued cooling pullback following the rejection near the 1,387.98 peak, hovering just beneath the fast MA(7) (1,226.96) and MA(25) (1,269.86) while holding above the macro structural MA(99) (1,250.83) band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1,150.00–1,200.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, or structural stabilization signs)
🛑 STOP LOSS: 1,110.00
🎯 TP1: 1,300.00
🎯 TP2: 1,380.00
❓Are you watching for Zcash to hold this local support zone and attempt a rebound toward the moving average bands, or expecting a deeper test of lower levels? Let's discuss below! 👇
👉 Trade: $ZEC
#zec #zcash #CryptoTrading. #BinanceSquare #TradingSignal
$ZEC is trading lower at 1,213.27 (-4.74%, or roughly Rs335,640.71), moving within an active 24-hour range between a high of 1,277.77 and a low of 1,176.98. Price action on this 4-hour chart displays a continued cooling pullback following the rejection near the 1,387.98 peak, hovering just beneath the fast MA(7) (1,226.96) and MA(25) (1,269.86) while holding above the macro structural MA(99) (1,250.83) band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1,150.00–1,200.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, or structural stabilization signs)
🛑 STOP LOSS: 1,110.00
🎯 TP1: 1,300.00
🎯 TP2: 1,380.00
❓Are you watching for Zcash to hold this local support zone and attempt a rebound toward the moving average bands, or expecting a deeper test of lower levels? Let's discuss below! 👇
👉 Trade: $ZEC
#zec #zcash #CryptoTrading. #BinanceSquare #TradingSignal
