🔥
$ZEC losing 1600 psychological level indicates that sellers have temporarily taken control.
· Currently, price is testing a short-term support zone around 1536 - 1545. If this zone breaks, selling pressure will increase.
- Next important medium-term support zones are at 1456 and 1427.
🔴
$ZEC SHORT set up (Prioritizing short-term trend)
· Condition: price recovers to short-term resistance zone but fails to break 1600, forming a rejection candle
· Entry: 1570 - 1590 (Look to sell at resistance zone).
· SL: above 1620
· TP:
· TP1: 1536 (Recent bottom).
· TP2: 1500 (Psychological support and old accumulation zone).
🟢
$ZEC LONG Scenario:
· Condition: price holds 1536 - 1545 support zone
· Entry: 1530 - 1545
· SL: below 1485
· TP:
· TP1: 1600 (Psychological resistance).
· TP2: 1650 (Old supply zone).
Support me just Trade here👇
#zec #zcash