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【$ZEC Signal】Pullback confirmation, secondary bullish attack
$ZEC 1H level pullback to EMA20, then increased volume and a renewed surge; the price is back above 322. The 4H Bollinger Bands are fully open, with the price running outside the upper band, and the MACD lines are strongly diverging. The 1H RSI is as high as 86; buying pressure keeps being released, but be alert to short-term overheating.
🎯Direction: Long
⚡Entry/Place orders: 322.00 - 322.80
🛑Stop Loss: 312.00
🚀Target 1: 351.99
🚀Target 2: 384.37
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce 50% of the position, and move the stop loss up to the entry level. If the price drops back to the entry level, automatically exit to protect the principal.
Order book depth shows that buy orders are stacked to more than 200 ZEC in the 322.30 to 322.40 range, indicating a clear intent to provide support. The position size remains stable, and the negative funding rate continues to exert pressure on the bears. In this kind of environment, the risk of chasing price is manageable, but you must set the stop loss properly. The 1-hour trading volume increases significantly when the price rallies, which counts as an effective breakout.
View real-time market 👇 $ZEC
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