$ZEC 1H Market Outlook

$ZEC Bias: LONG

Price is showing signs of a short-term bullish reversal after sweeping liquidity below a key support level and reacting strongly higher.

Key Levels:

• Liquidity sweep low: 406.35

• Entry zone: 410.00 to 412.00

• Continuation zone: 412.80 to 414.80

• Invalidation level: 401.87

Targets:

• First target: 423.35

• Second target: 432.50

Trade Plan:

• Look for a pullback into the 410.00 to 412.00 area and wait for bullish confirmation before entering.

• Ideal confirmations include a bullish engulfing candle, pin bar, or lower timeframe reversal pattern.

• Additional strength comes from a clean break and retest of the 412.80 to 414.80 zone.

Profit Strategy:

• Take partial profits at 423.35.

• Hold a runner toward 432.50 if momentum remains strong and market structure continues to improve.

ZEC
ZECUSDT
417.08
+0.28%