📈 ZECUSDT, Base Formation After Sharp Sell-Off | Potential Trend Reversal Setup

🎯 Trade Setup

Entry Zone: 240 – 236

Stop Loss: 223

Target 1: 289.50

Target 2: 308

Risk is well-defined, and the setup offers a good risk-to-reward structure. ⚖

🧭 Market Structure

ZEC saw a strong downtrend from the 400+ zone, followed by a sharp sell-off that created a clear capitulation low near 184. After that, price started forming a base and consolidation range between 220–250.

This sideways structure after a heavy drop often signals selling exhaustion and early accumulation, which can lead to a trend reversal or at least a strong relief rally. 🔄

🔑 Technical Details & Key Levels (No Indicators)

Major Support: 220 – 225

Strong Demand Zone: 230 – 240

Immediate Resistance: 252 – 260

Next Resistance Zones:

289 – 292

305 – 310

🔼 Outlook

As long as price holds above 223, the structure remains bullish for a pullback trade. A clean breakout and hold above 252 can accelerate momentum toward 290+ and 308.

Patience and proper risk management are key. Let the market confirm the move. 🧠📊

Trade safe & smart. đŸ€đŸ“‰

#ZECUSDT

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