๐ $ZEC Breakout โ Next Move?
๐น Bullish Setup:
๐ Entry: $36.00 - $36.60 (Buy on dips)
๐ฏ TP1: $37.50
๐ฏ TP2: $38.80
๐ SL: $35.50
โ Confirmation: Holding above $36.00 with rising volume
๐ป Bearish Setup:
๐ Entry: $36.50 - $37.00 (Short if rejection confirmed)
๐ฏ TP1: $35.50
๐ฏ TP2: $34.00
๐ SL: $37.50
โ Confirmation: Weak bounce and loss of momentum below $37.00
๐ Key Insights:
$ZEC gained 14.38%, peaking at $37.29 before stabilizing.
RSI at 64.54, indicating strength but nearing overbought territory.
MACD shows declining bullish momentum โ watch for trend shifts.
๐ Trading Plan:
Bullish Bias: Look for a bounce from $36.00 with strong buying volume.
Bearish Scenario: If $37.00 acts as resistance, expect a pullback.
Secure profits at TP1 and adjust SL to minimize risk.
๐ข Your Turn!
Will $ZEC continue its run or face a correction? Drop your thoughts! ๐๐๐
DYOR ๐
