🇺🇸 Key Events This Week:
1. Monday, ISM Services PMI:
Services make up 70% of the US economy, anything above 50 shows growth is holding up.
2. Tuesday, ADP Weekly Employment Change:
Private hiring beat expectations in the latest reading, so this will show whether hiring momentum is continuing.
3. Wednesday, Mortgage Rates:
Shows how expensive it is to borrow for a home, with higher rates adding pressure on housing demand.
4. Thursday, Initial Jobless Claims:
Tracks new unemployment claims,...
$ZEC has been under heavy selling pressure, falling from above $1,650 and now trading near $1,297
Price is testing the $1,270–$1,300 area, which looks like an important support zone on the 4H chart. This is where I’m watching for buyers to step back in.
If this support holds and momentum returns, I’m watching $1,340 first, followed by $1,400–$1,450.
My $ZEC Long Setup
Entry Zone: $1,275–$1,300
TP1: $1,340
TP2: $1,400
TP3: $1,450
Stop Loss: $1,245
For me, $1,270 support is the key battle now...