$ZEC /USDT ๐ Technical Analysis Update!
โ Current Price: $73.21 (+5.79%)
$ZEC is showcasing strong bullish momentum, recovering after a slight pullback and targeting key resistance levels.
๐ Previous Targets:
Target 1: $72.00 (Achieved!)
Target 2: $75.00 (Hit resistance, retracing)
Target 3: $78.00 (Pending breakout)
๐ฎ Next Potential Targets:
Short-term: $75.00 (Immediate resistance zone)
Mid-term: $78.00 (Critical breakout point)
Long-term: $80.00 (Psychological resistance level)
๐ก Action Plan:
Partial Profits: Suggested near $75.00 to lock in gains.
Stop Loss: Place below $71.00 to minimize downside risk.
Re-Entry: Monitor a breakout above $78.00 with strong volume to target $80.00.
๐ Technical Insights:
ZEC/USDT is consolidating after a strong rally. Maintaining support above $72.00 suggests further bullish continuation. A confirmed breakout above $78.00 could fuel another rally.
๐ฅ Stay tuned for updates and trade cautiously!
