$ZEC is trading around 252 on the 1H timeframe after a sharp drop from the 260–265 zone and a bounce from 247.9 support. Price is attempting a short-term recovery, but overall structure is still weak with lower highs in place.

This looks like a relief bounce from demand, not a full trend reversal yet. Bulls need to reclaim 258+ for continuation.

Trade Setup ($ZEC /USDT – 1H)

Long Setup (Support Bounce)

Entry: 250 – 253

TP1: 258

TP2: 263

TP3: 270

Stop Loss: 246

Short Setup (If Rejected)

Entry: Below 248

TP1: 242

TP2: 235

Stop Loss: 254

As long as 247–250 holds, a recovery toward 258–263 is possible. Failure to hold this base may trigger another downside leg. Trade with tight risk due to high volatility. $ZEC 💸 💸 👈

ZEC
ZEC
244.15
-5.90%