$ZEC Next, continue to look bullish, but the entry position depends on your personal risk preference.



Aggressive traders can look at the 1-hour timeframe. If it can reclaim and hold above $570 again, it may then go to test the local high at $590, where the risk-reward ratio is relatively attractive.

More cautious traders should wait for a full breakout above $590. As long as this level is reclaimed, the probability that the bulls keep gaining strength is higher. The next move may be to directly test the macro resistance around $620.

However, pay attention to the risk. No matter which path it takes, there’s no guarantee it will firmly break above $620. Whether you choose to bear a bit more risk near $570 for potential upside, or wait and give up some profit at $590 to gain more certainty—everyone should watch the key levels themselves.
ZEC3.01%
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