$ZEC: Breaks Out of Falling Wedge Pattern: Targets Set Higher
LONG SETUP ZEC
Entry: $1245.00 - $1255.00
Stop Loss: $1197.00
Take Profit: $1356.00 (2R)
Key Levels: Support $1245.00 | Resistance $1289.00
Technical Analysis for $ZEC: ZECUSDT favors a long bias as price holds above the 9 and 21 EMAs while the MACD histogram expands positively. RSI at 67 indicates healthy momentum without immediate overextension. The 1H structure shows strong support at 1245, while resistance sits near 1289. Volume is rising, supporting the upward push toward the next major swing high.
Market Context: BTC remains broadly positive with a bullish daily trend, providing a supportive macro environment for altcoin moves. Market breadth is 75.7% green
LONG $ZEC
LONG SETUP ZEC
Entry: $1245.00 - $1255.00
Stop Loss: $1197.00
Take Profit: $1356.00 (2R)
Key Levels: Support $1245.00 | Resistance $1289.00
Technical Analysis for $ZEC: ZECUSDT favors a long bias as price holds above the 9 and 21 EMAs while the MACD histogram expands positively. RSI at 67 indicates healthy momentum without immediate overextension. The 1H structure shows strong support at 1245, while resistance sits near 1289. Volume is rising, supporting the upward push toward the next major swing high.
Market Context: BTC remains broadly positive with a bullish daily trend, providing a supportive macro environment for altcoin moves. Market breadth is 75.7% green
LONG $ZEC