$ZEC solid bullish vibes, but with a bit of consolidation kicking in. For trading on 1-hour timeframe, I'm cautiously long here – trend's up, but we're bumping near resistance, so no blind charges.
On the volume side, I've noticed the 1-hour candles have been dipping a little during those small pullbacks (latest one was around 54.36), but zoom out to the 24-hour view and you've got a nice surge at 2.52M, which really backs up the upward push. Those big green candles, like the one at 410.58 with over 462k volume, scream institutional players getting involved – always a good sign.
Capital flows are interesting too: short-term stuff like 5-min (4.6M net in) and 15-min (12.8M) are screaming buy pressure, but over the last 7 days, there's been some outflows (-73.5M), so I'm keeping an eye on the bigger picture for any shifts. For day trading though, those 1h to 4h inflows (from 4.76M up to 30.68M) are keeping me leaned bullish intraday.
Entry longs
$ZEC : If you're aggressive, I'd dip in around 420-425 on a pullback to the MA5 or mid Bollinger band.
More conservative? Hold off until it cracks Resistance at 433.3, and make sure volume backs it up.
Stop loss wise, I'd set it 3-4% below your entry, say in the 405-410 zone, which lines up with Support and the MA20
Targets
$ZEC #MarketRebound #zecash #BTC100kNext? Aiming for Resistance level at 447.2 first,, but if vol picks up, we could stretch to around 459.4.