After a strong multi-week rally, ZEC is now showing signs of exhaustion and appears to be breaking down from recent highs. Price is testing a critical support area, and how it reacts here could shape the next leg of the move.
We are watching the $300–$310 zone as a potential entry point if buyers step in. This area has previously acted as a consolidation range and could offer a clean bounce setup. If support holds, we could see continuation toward higher targets.
📈 Trade Setup:
Entry Zone: $300–$310
Take Profits: $370 / $450
Stop Loss: $251
We are watching the $300–$310 zone as a potential entry point if buyers step in. This area has previously acted as a consolidation range and could offer a clean bounce setup. If support holds, we could see continuation toward higher targets.
📈 Trade Setup:
Entry Zone: $300–$310
Take Profits: $370 / $450
Stop Loss: $251
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.