🚀 ZEC Bullish Setup Focus 📈
**Trading Plan:**
Bias: Bullish
Entry: 415.00 - 417.50
Stop Loss: 409.00
Take Profit 1–Take Profit 3: 420.50 / 425.00 / 430.00
**Technical Analysis:**
On the 15-minute chart, ZEC is currently in a consolidation phase after experiencing a decline, showing signs of bottoming out. The price has received support multiple times at the key support level of $410.00, forming a potential double bottom structure. To confirm bullish momentum, the price needs to break above and hold above the EMA(99) moving average (around $421), which could signal a trend reversal.
**Invalidation Conditions:**
This bullish view will only be invalidated if the price decisively breaks below the support area of $410.00.
ZECUSDT
Perp.
408.11
-1.79%