$ZEC — BULLS LOOK FOR CONTINUATION
$ZEC is showing a potential recovery after short liquidations near $990.71. Sellers are getting squeezed, but buyers still need confirmation.
$ZEC — LONG
Entry: 988.00 – 993.00
SL: 975.00
TP1: 1,005
TP2: 1,020
TP3: 1,040
TP4: 1,065
The liquidation activity suggests bearish traders were forced to close positions around this region. If ZEC holds above $990 and buying volume improves, another upside move could follow. A successful retest would provide a cleaner entry, while losing support would weaken the bullish structure.
#CanNvidiaEarningsEaseMarketConcerns?
#HotCPIDecemberHikePriced
#BitcoinFiveWeeklyLosses
#Binance
$ZEC is showing a potential recovery after short liquidations near $990.71. Sellers are getting squeezed, but buyers still need confirmation.
$ZEC — LONG
Entry: 988.00 – 993.00
SL: 975.00
TP1: 1,005
TP2: 1,020
TP3: 1,040
TP4: 1,065
The liquidation activity suggests bearish traders were forced to close positions around this region. If ZEC holds above $990 and buying volume improves, another upside move could follow. A successful retest would provide a cleaner entry, while losing support would weaken the bullish structure.
#CanNvidiaEarningsEaseMarketConcerns?
#HotCPIDecemberHikePriced
#BitcoinFiveWeeklyLosses
#Binance
