*$ZEC LONG - $1,244 breakout loading? 👀*
ZEC showing strength again.
Price: $1,242.74 +2.75%
24h High: $1,244.48 | Low: $1,112.77
Vol: 258K ZEC / $303.86M USDT - big money back
*Why I'm LONG:*
- Price trading ABOVE MA60 ($1,225.86). MA60 is support now, not resistance. Last 2 candles green with volume.
- It's $2 away from breaking 24h High. Once $1,244.48 breaks, next leg open.
- Bounced $130 from $1,112 low today. That's not retail, that's MM defending.
- Order flow 89.84% buyers on your chart - everyone buying dip.
*Setup I'm watching:*
- *Entry:* $1,237 - $1,240 (pullback to MA60 zone, don't chase top)
- *SL:* $1,220 (below MA60, -1.7%)
- *TP1:* $1,244.48 (24h High, +0.3%)
- *TP2:* $1,280 (+3%)
- *TP3:* $1,320 (+6.2%)
Risk is small because SL just below MA60. If MA60 holds, ZEC pushes again.
Don't short this. Short only if $1,244 fails with big rejection wick.
I'm long above MA60.
NFA.
#ZEC
ZEC showing strength again.
Price: $1,242.74 +2.75%
24h High: $1,244.48 | Low: $1,112.77
Vol: 258K ZEC / $303.86M USDT - big money back
*Why I'm LONG:*
- Price trading ABOVE MA60 ($1,225.86). MA60 is support now, not resistance. Last 2 candles green with volume.
- It's $2 away from breaking 24h High. Once $1,244.48 breaks, next leg open.
- Bounced $130 from $1,112 low today. That's not retail, that's MM defending.
- Order flow 89.84% buyers on your chart - everyone buying dip.
*Setup I'm watching:*
- *Entry:* $1,237 - $1,240 (pullback to MA60 zone, don't chase top)
- *SL:* $1,220 (below MA60, -1.7%)
- *TP1:* $1,244.48 (24h High, +0.3%)
- *TP2:* $1,280 (+3%)
- *TP3:* $1,320 (+6.2%)
Risk is small because SL just below MA60. If MA60 holds, ZEC pushes again.
Don't short this. Short only if $1,244 fails with big rejection wick.
I'm long above MA60.
NFA.
#ZEC