🚨 $ZEC /USDT: Privacy Coin Leader in a Parabolic Surge! 🚀
$ZEC /USDT - LONG
Trade Plan:
Entry: 278.00 – 285.50
SL: 265.00
TP1: 289.47 (24h High)
TP2: 305.00
TP3: 325.00+
The Logic:
The 1h chart for $ZEC shows a massive vertical breakout, gaining +23.20% to reach 285.10. The price is trading well above its MA(7) (268.11), MA(25) (242.52), and MA(99) (221.98), confirming extreme bullish strength. A huge spike in volume, reaching 115.18M USDT, supports this parabolic move. With the price currently consolidating just below the 289.47 high, a clean breakout above this level signals a continuation toward psychological resistance at 300.
Debate:
Can ZEC maintain this vertical momentum to flip $300 into support, or is the 1h chart too overextended, signaling a necessary retest of the MA(7)? Drop your take! 👇
Click here to Trade 👇️
