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MyCryptoParadise_Simon
Apr 3, 2024 7:20 PM

ZEC/USDT Gearing up for a Potential Rally? 👀🚀ZEC Analysis Long

Zcash / TetherUSBinance

Description

💎Paradisers, let's focus our attention on #ZECUSDT, as we're poised for a potential bullish departure from its critical support area, indicating a hopeful rise.

💎Approaching a significant support checkpoint, Zcash is on the edge of retesting the $23.46 support level once more. The observed dip in volume at this juncture paves the way for a continued bullish path starting from $23.46, with a spike in volume hinting at a possible shift in momentum soon.

💎However, if #ZEC's valuation slides below this essential support, it signals a time for strategic reassessment. We're bracing for a bullish rebound from a deeper support at $18.61. If SEED_DONKEYDAN_MARKET_CAP:ZEC finds it challenging to kickstart a bullish trend from this level, we may witness a deeper dive.

💎Vigilance and the ability to pivot are essential as we tread through the #ZEC market's shifting sands. We are always ready to realign our strategies to stay in step with market trends.
Comments
xmn3
I’m ready if it drops but I do not think that’s gonna happen , specially because zec won’t be delisted on Binance. Only possibility is if btc drops below 60k
yssl
@xmn3 last events made it possible
LegionQ8
Interesting view, good job! 👍
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