$ZEC USDT price is consolidating, demand rebounds, and momentum returns to the upside.
Trading Plan
Entry Point: $238.0 to $242.0
Stop Loss: $228.0
Take Profit 1: $252.0
Take Profit 2: $262.0
Take Profit 3: $275.0
Reason for this formation
Strong upward reaction in the $230 demand zone
Higher low structure formed on the 1-hour chart
Recent downward pressure has been effectively absorbed, and price is stable above $240
Momentum strengthens after the correction phase
Do you think ZEC will quickly break through $250, or will it consolidate before continuing to rise?
ZECUSDT
Perp
229.51
-5.35%
#BTCMiningDifficultyDrop #USTechFundFlows #WhenWillBTCRebound