📊 $ZEC /USDT TECHNICAL ANALYSIS
The current price of ZEC/USDT is 59.78, showing a decrease of 1.17% in the last 30 minutes. The 24-hour high is 60.88, and the 24-hour low is 50.47. The price has seen a significant increase of 15.45% recently.
TRADE SETUP
Long Entry 📈
- Entry Point: 59.78
- Explanation: Entering a long position at this level could be beneficial if the price continues its upward trend, targeting 62.00. A stop loss at 58.00 will help manage potential losses.
- Target Price (TP): 62.00
- Stop Loss (SL): 58.00
Short Entry 📉
- Entry Point: 59.78
- Explanation: Entering a short position at this level might yield gains if the price reverses and heads towards 57.00. A stop loss at 61.00 will manage the risk.
- Target Price (TP): 57.00
- Stop Loss (SL): 61.00
RISK MANAGEMENT
Use a 2% risk per trade to manage potential losses effectively.
INDICATOR PREDICTION
The chart shows a potential bullish trend with a possible breakout above 60.00. However, if the price falls below the support level of 58.00, a bearish trend might follow.