$ZEC
ZEC/USDT
Timeframe: 1H
Price: 517.39 (+8.17)
Technical Analysis:
- Trend: Strong bullish momentum
- EMA: Price well above EMA → uptrend confirmed.
- RSI: Around 65–70, still strong but nearing overbought.
- Support zone: 490–500 (recent breakout area.
Signal: LONG
- Entry: On pullback to 500–505
- TP1: 540
- TP2: 560
- SL: 485 (below support)
Reasoning:
- Breakout of previous high with volume
- Retest of support expected → good long entry zone.
- RSI still supports more upside.
SL and risk management is the key of successful trade.
Trade Here 👉$ZEC