$ZEC Important Zone Reached đ. Long opportunity đ«.
â ZEC has finally come down to a strong demand area around 370â380 after a sharp rejection from the 555 high. The selling pressure was heavy, but now price is slowing down, which usually means one thing â big players are watching this zone closely đ.
â What Iâm seeing on the chart đ”đ»ââïž:
âą Price dumped hard and reached a previous support zone.
âą Selling momentum is decreasing near 370â380.
âą Long wicks forming â buyers are starting to react âĄ.
âą This zone acted as support earlier, so itâs technically important.
âą Risk-reward is now much better compared to chasing higher prices.
â Long Idea đž (Preferred):
âą Long Entry: 370 â 380 zone
âą Targets â
âą TP1: 415 đŻ
âą TP2: 460 đŻ
âą TP3: 510+ (if momentum continues) đŻ
âą Stop Loss: Below 355 (strict SL)
â This setup is good for patience traders. No rush â confirmation is key. If market sentiment improves, this bounce can be strong.
â Short Scenario (Only if breakdown happens):
âą If price closes daily below 355, then short can be considered towards 330 â 315.
âą Until then, shorts are risky here.
â đ§ My View: ZEC is already down a lot from the top. At this level, reward > risk for longs, as long as support holds. Iâm watching this zone closely and will scale positions carefully, last but not least the RSI Value is hitting oversold conditionđĄïž, If you want to checkout this coin, you can check the tag below đđ», let's grow together đ€đ».
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