📈 ZEC — RECOVERY ATTEMPT & TESTING MA RESISTANCE! 🟢
$ZEC (Zcash) is trading higher at 1,423.41 (+0.32%), moving within a 24h range between a high of 1,459.60 and a low of 1,376.89. Price action on this 4H chart is attempting a recovery bounce, pressing against the fast MA(7) (1,412.78) while testing the MA(25) (1,514.89) and major structural MA(99) (1,450.19) from below.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1,320.00–1,400.00 (on consolidation and support defense near local demand lows)
🛑 STOP LOSS: 1,280.00
🎯 TP1: 1,520.00
🎯 TP2: 1,650.00
Are you tracking this ZEC recovery as it tests moving average resistance, or waiting for a cleaner breakout? Let's discuss below! 👇
👉 Trade: $ZEC
#zec #zcash #cryptotrading #BinanceSquare #Recovery
$ZEC (Zcash) is trading higher at 1,423.41 (+0.32%), moving within a 24h range between a high of 1,459.60 and a low of 1,376.89. Price action on this 4H chart is attempting a recovery bounce, pressing against the fast MA(7) (1,412.78) while testing the MA(25) (1,514.89) and major structural MA(99) (1,450.19) from below.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1,320.00–1,400.00 (on consolidation and support defense near local demand lows)
🛑 STOP LOSS: 1,280.00
🎯 TP1: 1,520.00
🎯 TP2: 1,650.00
Are you tracking this ZEC recovery as it tests moving average resistance, or waiting for a cleaner breakout? Let's discuss below! 👇
👉 Trade: $ZEC
#zec #zcash #cryptotrading #BinanceSquare #Recovery
