$ZEC /USDT Price Rebound: Key Levels to Watch for Next Moves
Current Price: $73.05 (+6.05%)
Bullish Targets for Long Trades
Target 1: $75.50 (Short-term resistance)
Target 2: $77.50 (Key breakout level)
Target 3: $80.00 (Psychological resistance and extended bullish target)
Long Trade Signal:
Entry Point: Above $73.50 for a confirmed upward momentum.
Stop-Loss: $71.50 to limit risk.
Strategy: Look for a volume surge to validate a potential breakout.
Bearish Targets for Short Trades
Target 1: $71.00 (Immediate support zone)
Target 2: $69.00 (Deeper correction level)
Target 3: $68.00 (24H low and critical support level)
Short Trade Signal:
Entry Point: Below $72.50 for a confirmed downward trend.
Stop-Loss: $74.00 to minimize risk.
Strategy: Monitor rejection at resistance levels near $75 and weakening volume.
Market Insight:
$ZEC /USDT rebounded from $71.70 and is pushing higher toward $75. Volume and market sentiment will play a key role in confirming whether the price will continue its upward trend or retrace to test support zones.
Pro Tip: Always use disciplined risk management strategies and monitor market sentiment closely.
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