$ZEC Bullish Recovery Trade Setup ๐
$ZEC is showing strong recovery signs with a +10.64% gain in 24 hours, breaking above immediate resistance. The 4-hour chart indicates a "Buy" signal as price holds above EMA 10 and 20, suggesting a potential trend reversal and continuation.
DIRECTION: LONG (Buy)
๐ข ENTRY: $360 - $365 (Current Price Zone)
๐ฏ TARGET 1: $385 (Immediate Resistance / EMA 100)
๐ฏ TARGET 2: $410 (Major Resistance / EMA 200)
๐ด STOP LOSS: $345 (Below EMA 20 Support)
RSI at 53.1 shows neutral-to-bullish momentum with room for growth. Volume is significant at 569M USDT, supporting the price action. MACD is showing signs of bullish convergence, signaling increasing buying pressure.
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ZECUSDT
Perp
236.53
+16.46%