ZEC/USDT - Technical Analysis

Current Price: $37.21 (+1.06%)

Indicators:

SAR (0.02, 0.2): $35.14 (Support)

Trend: Slight uptrend with potential volatility.

Key Resistance Levels: $39.68 (24h high), $40.81 (SAR projection)

Trading Setup

Long Setup (Buy Signal)

Entry: $37.50 - $38.00

Stop-loss: $35.00 (Below SAR support to manage risk)

Targets:

1. Target 1: $39.50 (Near-term resistance)

2. Target 2: $41.00 (SAR Target)

3. Target 3: $43.50 (Major resistance & breakout potential)

Signal: Buy on breakout above $38.00 with volume confirmation or pullback to $37.00.

Short Setup (Sell Signal)

Entry: Below $36.00

Stop-loss: $38.50 (Above recent resistance)

Targets:

1. Target 1: $35.00 (First support)

2. Target 2: $33.50 (Deeper correction)

3. Target 3: $30.00 (Major support zone)

Signal: Short if price falls below $36.00 with increased selling volume.

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