Crypto LONG Signal #ZECUSDT. Potential profit 17%
30m TF. BINANCE: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
BINANCE:ZECUSDT shows strong upward potential. Watch for a breakout above 67.93 USDT to take advantage of the current market conditions.
