Crypto LONG Signal #ZECUSDT. Potential profit 17%

2 days ago

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:

1. 75.33 USDT – the first target for partial profit-taking.
   
2. 76.88 USDT – an intermediate target.
   
3. 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.