$ZEC Potentially bullish; there are signs of a revival in the long side.



Right now, the price action is recovering the moving-average dense zone. Next, it may attempt to break through the 24-hour high. You can watch the 540 to 546 range for an entry. Upside targets are around 567 and 587, with a defense level set at 523.

However, pay attention to the risks. On the 15-minute timeframe, the moving-average crossovers are very tight. If it can’t hold the support at 545, the bullish thesis will fail. Don’t go all-in—manage position sizing according to your own account.

Also, $SKHY and $SOXL can continue to be monitored for upside opportunities.
ZEC0.94%
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