Is Zec preparing for a sharp bullish continuation after bouncing off its 1,049 floor?
$ZEC / USDT | BULLISH REBOUND 🟢
• Direction: LONG
• Target Zone: 1,153.54
Technical Overview:
ZEC staged a strong V-shaped recovery from its 1,049.01 low on the 1H timeframe. Price action has successfully reclaimed both the MA(7) at 1,136.61 and MA(25) at 1,132.87, confirming renewed buying momentum .As long as price holds above this moving average cluster, the path is open for a retest toward the 1,153.54 target
Community Call:
#ZEC #Zcash #CryptoTrading #BinanceSquare
$ZEC / USDT | BULLISH REBOUND 🟢
• Direction: LONG
• Target Zone: 1,153.54
Technical Overview:
ZEC staged a strong V-shaped recovery from its 1,049.01 low on the 1H timeframe. Price action has successfully reclaimed both the MA(7) at 1,136.61 and MA(25) at 1,132.87, confirming renewed buying momentum .As long as price holds above this moving average cluster, the path is open for a retest toward the 1,153.54 target
Community Call:
#ZEC #Zcash #CryptoTrading #BinanceSquare