$ZEC /USDT LONG TRADE SETUP
$ZEC is currently trading at 415.72, showing signs of a steady recovery after recent volatility. The price has bounced back from a one-month low of approximately 363 following the positive news that the SEC has concluded its investigation into the Zcash Foundation without recommending enforcement actions. On the short-term timeframe, the token is attempting to stabilize above the 410 support level, with technical indicators like the 20-day EMA providing immediate support as buyers regain confidence.
Target Points
TP1: 437.75
TP2: 449.10
TP3: 470.00
Stop Loss
Set stop loss below 380.00 to protect against any further fallout from recent internal developer disputes.
Buy and Trade here on $ZEC
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