Here’s a concise technical analysis and trade signal for $ZEC

/USDT:

Technical Analysis

Momentum: Bullish

Indicators:

RSI: Near 60 – suggests moderate bullish strength.

MACD: Positive crossover, indicating potential upward momentum.

EMA: Price is trading above 20 EMA, a bullish signal.

Support Levels: $53.00 and $50.50

Resistance Levels: $57.50 and $60.00

Trade Signal:

Buy Zone: $54.50 - $55.50

Stop Loss: $52.90

Target 🎯 Levels:

1. 🎯 Target 1: $57.50 (Short-term resistance)

2. 🎯 Target 2: $60.00 (Psychological level)

3. 🎯 Target 3: $62.50 (Extended bullish breakout target)

Momentum: Increasing buying pressure, suggesting further upside potential.

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