$ZEC
/USDT Steady Dip Move Confirm Ready for Next Alert ๐ฅ ๐ฏ ๐
Market Insight:
Current Price: $60.63 (up +0.15% from the previous price)
24h High: $68.52
24h Low: $60.00
24h Volume (ZEC): 165,978.12 ZEC
24h Volume (USDT): 10.48M USDT
ZEC is currently near the lower end of its 24-hour range, with strong resistance around $68.52.
Entry Strategy:
Long Entry: Look for a bounce at $60.00 with confirmation from bullish candlestick patterns (e.g., hammer or engulfing).
Confirmation: A break above $62.50 would suggest bullish momentum, signaling a move toward higher levels.
Exit Strategy:
Target 1: $63.50 (near the current price range resistance)
Target 2: $68.00 (previous 24h high)
Stop Loss: Below $59.50 to manage risk.
Risk Management:
Position size should be small (1-2% of total capital).
Consider a trailing stop to lock in profits as the price moves higher.
ZEC is consolidating around key support, and if it holds, thereโs potential for a recovery toward resistance levels.
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