$ZEC /USDT TECHNICAL ANALYSIS 🪙📈
CURRENT MARKET CONDITION
The current price of $ZEC/USDT is $60.31, showing a 13.69% increase. The 24-hour high is $61.35, and the 24-hour low is $52.89. The market is currently bullish with a strong upward momentum.
SUPPORT AND RESISTANCE LEVELS
- Support Levels: $58.00, $56.00
- Resistance Levels: $61.00, $63.00
TRADE SETUP
Long Entry 📈
- Entry Point: $60.50
- Target Price (TP): $63.00
- Stop Loss (SL): $58.00
Short Entry 📉
- Entry Point: $59.50
- Target Price (TP): $56.00
- Stop Loss (SL): $61.00
RISK MANAGEMENT AND INDICATORS
- Risk Management: Use a 2% risk per trade strategy to manage potential losses.
- Volume Indicator: The 24-hour volume for ZEC is 446,048.64 ZEC, and 25.70M USDT, indicating strong trading activity.
📊 Trade wisely and stay informed! 🚀