🔥 ZEC Futures: Long vs. Short Trade Analysis 📈
ZEC/USDT futures are buzzing! The price has ripped past key resistance, now trading around $673.75. The Moving Average (MA) crossover suggests strong bullish momentum, favoring Long positions.
* Long Entry Target: A clean breakout and retest of the $650-660 level as new support.
* Long Target (TP): $700, then the previous swing high at $743.
However, the RSI is now flashing overbought (around 77.46), which is a major signal for potential short-term correction. This offers a calculated Short opportunity.
* Short Entry Target: A rejection near the $700 resistance or a breakdown below $650.
* Short Target (TP): The nearest strong support at $600.
Manage your risk! High leverage in futures demands strict stop-losses.
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