"ZEC/USDT: 2.64% Recovery with Resistance in Sight"

$ZEC
/USDT has gained 2.64%, currently trading at $53.17, following a rebound from a 24-hour low of $51.52. The pair reached a high of $56.99 earlier but has since retraced, signaling cautious trading sentiment. The RSI at 34.30 indicates oversold conditions, while the MACD shows a minor bullish crossover, suggesting potential for further recovery.

Immediate resistance lies at $54.50, with a breakout likely to propel the price toward $57.00. Support at $52.00 provides a critical level for bulls to defend. Traders should monitor volume and momentum for a confirmed breakout while setting stop-losses to manage downside risks effectively.

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