$ZEC : REBOUND OR CONTINUATION? (TRADE SETUP) 🚀
$ZEC (Zcash) reached a 24h high of $1,573.00 before pulling back into a consolidation phase around $1,466.76 (-4.41%). On the 1H chart, price is rebounding from the local low of $1,443.73 and attempting to reclaim the 1H MA7 ($1,468.22). With the 1H RSI(6) sitting around 37.24 in near-oversold territory, a solid technical rebound setup is emerging.
🎯 ACTIONABLE TRADE SETUP:
Long Entry Zone: $1,450 – $1,470 (Buy on pullback near 1H MA7 / Support Zone)
Take Profit 1 (TP1): $1,503 (1H MA25 Resistance Reclaim)
Take Profit 2 (TP2): $1,570 (24h High Retest)
Stop Loss (SL): $1,430 (Strict Risk Management below 24h Low)
👇 Execute your trade directly via the token tag below:
What is your trade plan on $ZEC today?
$ZEC (Zcash) reached a 24h high of $1,573.00 before pulling back into a consolidation phase around $1,466.76 (-4.41%). On the 1H chart, price is rebounding from the local low of $1,443.73 and attempting to reclaim the 1H MA7 ($1,468.22). With the 1H RSI(6) sitting around 37.24 in near-oversold territory, a solid technical rebound setup is emerging.
🎯 ACTIONABLE TRADE SETUP:
Long Entry Zone: $1,450 – $1,470 (Buy on pullback near 1H MA7 / Support Zone)
Take Profit 1 (TP1): $1,503 (1H MA25 Resistance Reclaim)
Take Profit 2 (TP2): $1,570 (24h High Retest)
Stop Loss (SL): $1,430 (Strict Risk Management below 24h Low)
👇 Execute your trade directly via the token tag below:
What is your trade plan on $ZEC today?
🟢 Long Position
50%
🔴 Short Position
25%
🍿 Limit Order
25%
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