30m TF.ZECUSDT is showing growth alongside increasing volumes, indicating heightened buyer interest. The price has reached 67.93 USDT and is targeting a breakout of key resistance.
🔑 Key Levels
Support: *67.45 USDT – the nearest support level where demand has been observed. *63.71 USDT – a stronger support level maintaining the current uptrend.
Resistance: *75.33 USDT – the first target after a breakout. *76.88 USDT – the secondary resistance level. *79.50 USDT – the key target for profit-taking.
🚩 Trading Strategy
Entry Point:
Consider opening a long position above 67.93 USDT. Stop-Loss:
Place a protective stop order below 67.45 USDT to minimize risks. Take-Profit Targets:
75.33 USDT – the first target for partial profit-taking.
76.88 USDT – an intermediate target.
79.50 USDT – the final target.
📈 Technical Analysis
Rising volumes confirm buyers’ readiness for further growth.
A price consolidation above 67.93 USDT will strengthen the upward impulse.
A retest of 67.45 USDT before the breakout could provide a good entry point.
💡 Recommendations
Monitor Volumes: Increased volumes during the breakout will confirm the strength of the move.
Manage Risks: Use sensible stop-loss orders to limit potential losses.
Analyze Dynamically: Use smaller timeframes (15m and 1h) for precise entry points.
Conclusion ZECUSDT shows strong upward potential. Watch for a breakout above 67.93 USDT to take advantage of the current market conditions.