$ZEC /USDT AT A CRITICAL JUNCTION – GET READY FOR BIG MOVES! ‼️🔥🚀
The $ZEC /USDT pair is showing intriguing signs on the 4-hour chart, with the price currently at $37.74. After bouncing off its lower support near $36.43, ZEC is now pushing upwards, but it faces a significant resistance zone around $38.50-$39, as highlighted in the purple box.
💡 Support and Resistance Zones:
• Strong Support: $36.43 – This level has shown resilience, with buyers stepping in each time ZEC dips here. A break below could see prices sliding to $34.
• Key Resistance: $38.50 - $39 – This is the next challenge for ZEC. A successful break and hold above could ignite a rally toward $40 and beyond.
📈 Entry Strategy:
• Long Entry: Above $38.50 with targets at $39.50 and $41. Place a stop-loss at $37 to manage risk.
• Short Entry: If ZEC fails to break $38.50, consider shorting with a target back to $36.50. Set a stop-loss at $39.
This is a decisive moment for ZEC as it inches closer to breaking out of a consolidation range. A breakout or rejection at these levels will determine its next big move. Trade cautiously and keep an eye on volume for confirmation! #USADPSurges #16thBTCWhitePaperAnniv #EthereumPectraUpgrade #10MTradersLeague #CryptoAMA