$ZEC is showing bullish momentum after bouncing from the $300 support zone. Price is trading above the MA7 ($447) and approaching resistance near $460. The chart displays higher lows with increasing volume, suggesting potential continuation. However, the token needs to reclaim the $470-480 zone to confirm strength against the longer term downtrend.
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$ZEC is showing bullish momentum after bouncing from the $300 support zone. Price is trading above the MA7 ($447) and approaching resistance near $460. The chart displays higher lows with increasing volume, suggesting potential continuation. However, the token needs to reclaim the $470-480 zone to confirm strength against the longer term downtrend.
Trading Setup:
TP1: $470.00
TP2: $490.00
TP3: $520.00
Stop Loss: $440.00