$ZEC /USDT — LONG
$ZEC has broken out of its recent $780–$800 consolidation with a powerful 1H expansion, carrying price directly into the $832.38 swing high. Holding above $817.79 would keep the breakout structure intact and leave room for a continuation toward the next upside levels.
Trade Plan Entry: $815–$825 SL: $798 TP1: $840 TP2: $860 TP3: $885
Why this setup? The 1H chart shows buyers reclaiming the upper end of the prior range after several failed attempts to sustain moves above $800. The latest sequence of strong green candles has produced higher highs and higher lows, culminating in the fresh $832.38 peak. Momentum is clearly favoring the upside, although the size of the latest impulse increases the chance of a short-term pullback.
The first support test is around $817.79, which can serve as the breakout-retest area if sellers appear near $832. A healthy continuation should see activity remain elevated while buyers defend this level and attempt to establish $832 as new support. A sustained move below $798 would undermine the breakout and invalidate the bullish setup.
Risk Warning: ZEC is moving rapidly after a volatile range breakout, so keep risk tightly defined and avoid chasing an extended candle.
$ZEC
$ZEC has broken out of its recent $780–$800 consolidation with a powerful 1H expansion, carrying price directly into the $832.38 swing high. Holding above $817.79 would keep the breakout structure intact and leave room for a continuation toward the next upside levels.
Trade Plan Entry: $815–$825 SL: $798 TP1: $840 TP2: $860 TP3: $885
Why this setup? The 1H chart shows buyers reclaiming the upper end of the prior range after several failed attempts to sustain moves above $800. The latest sequence of strong green candles has produced higher highs and higher lows, culminating in the fresh $832.38 peak. Momentum is clearly favoring the upside, although the size of the latest impulse increases the chance of a short-term pullback.
The first support test is around $817.79, which can serve as the breakout-retest area if sellers appear near $832. A healthy continuation should see activity remain elevated while buyers defend this level and attempt to establish $832 as new support. A sustained move below $798 would undermine the breakout and invalidate the bullish setup.
Risk Warning: ZEC is moving rapidly after a volatile range breakout, so keep risk tightly defined and avoid chasing an extended candle.
$ZEC
