ZEC's recent trend has presented several opportunities, and from a technical perspective, there are two possible approaches to consider.
**Bullish Strategy** If you want to enter the market, look for opportunities in the $420 to $423 range, with a stop-loss set below $417.44. The target is divided into two levels: the first target is $458.71, which is the middle band resistance of the Bollinger Bands; if this level is broken, the second target can be extended to $524.06, but only after the $458.71 level is surpassed.
**Bearish Strategy** For shorting, consider entering between $450 and $458, with a stop-loss above $458.71. The downward targets are also divided into two levels: initial support at $417.44 (24-hour low). If this level is broken, the next support to watch is the lower Bollinger Band at $393.36.
Both strategies are logically clear; the key is to see which direction the market gains momentum. Currently, ZEC is oscillating between these key levels, so timing your moves carefully is the more prudent approach.
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ZEC's recent trend has presented several opportunities, and from a technical perspective, there are two possible approaches to consider.
**Bullish Strategy**
If you want to enter the market, look for opportunities in the $420 to $423 range, with a stop-loss set below $417.44. The target is divided into two levels: the first target is $458.71, which is the middle band resistance of the Bollinger Bands; if this level is broken, the second target can be extended to $524.06, but only after the $458.71 level is surpassed.
**Bearish Strategy**
For shorting, consider entering between $450 and $458, with a stop-loss above $458.71. The downward targets are also divided into two levels: initial support at $417.44 (24-hour low). If this level is broken, the next support to watch is the lower Bollinger Band at $393.36.
Both strategies are logically clear; the key is to see which direction the market gains momentum. Currently, ZEC is oscillating between these key levels, so timing your moves carefully is the more prudent approach.