ZEC holds key support after a strong recovery 🔐

Long-term trading signals (scalping):
Entry 1: 445 – 438
Entry 2: 430 – 422
TP1: 460
TP2: 485
TP3: 520
Spot buyers can gradually buy near the support area. Avoid chasing the price near resistance—patience can bring better entry opportunities.
Why this transaction is being conducted:
$ZEC has rebounded strongly from the demand zone of 420–430, indicating that buyers are active at lower levels. The price is now consolidating above support instead of dropping again, which is a healthy sign after the recovery.
The current structure indicates absorption rather than distribution. Sellers have failed to push prices down, while buyers continue to defend against pullbacks. This sideways movement after a rebound typically leads to another wave of upward push.
Why choose to go long instead of short?
Shorting here means selling into a clear support area after a recovery phase. This is a poor risk-reward ratio. Shorting only makes sense when close to upper resistance, not in the middle of the base.
Support area:
• 445 – 435 (intra-day support)
• 430 – 420 (main demand zone)
Resistance area:
• 460 – 480 (first supply zone)
• 510 – 540 (Strong Rejection Zone)
As long as the price remains above 420, the bias is still to go long. If the price clearly breaks through that level, the setup is invalidated, and patience is required. #加密市场小幅回暖