$ZEC USDC Perpetual on Binance is showing a classic bounce setup after a strong downtrend! 🚀
Current price: 238.04 USDC (+1.97% in the recent move)
24h High: 250.53 | 24h Low: 229.25
The price has been respecting a descending channel but just printed a solid green candle off the lower boundary near 229-230, with volume picking up on the rebound.
Key indicators screaming opportunity:
RSI(14) at 38.67 – exiting oversold territory and curling up (bullish divergence potential)
Stochastic showing K/D lines crossing upward from low levels
Price sitting right above recent swing low support ~229, with EMAs (8/13/21) still above but flattening – room for a relief rally before any deeper test.
This looks like a high-probability LONG entry zone after the dip exhaustion. Privacy coin momentum could kick in hard if ZEC breaks back toward 250+!
Trade Idea – LONG $ZEC USDC Now!
Entry: Around 238-240
Take Profit 1: 255 (first target, near recent high zone)
Take Profit 2: 267-270 (EMA cluster resistance flip)
Stop Loss: 225 (below 24h low & channel support – tight risk!)
Risk-reward looking juicy 1:3+ on partials. Don't miss this reversal play – privacy coins heating up! 💥
Trade $ZEC USDC Perpetual on Binance Futures Now! Follow & turn 🔔 on ✅ for more alpha calls!
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