ZEC/USDT descending resistance should price break above? 👀🚀

8 במאי

💎Paradisers, gear up for a promising trading opportunity with #ZECUSDT as it challenges a descending resistance. A successful breakout could trigger a significant bullish rally.

💎 At present, the price is testing the descending resistance and we anticipate a bullish continuation from the crucial demand zone at $21.60. If the price maintains its momentum at this level, there's a high chance it will ascend, breaking through the descending resistance, with the next target potentially lying within the specified resistance zone in our trading plan.

💎 However, if #ZEC fails to hold its ground in the demand zone and falls below $21.60, this could indicate a weakening of the bullish trend. In such a case, the price may drop further towards the next significant support level at approximately $19.54.

💎 Should #ZEC fail to recover convincingly from $19.54, and if it shows a decline in volume, this might point to a loss of bullish momentum. A definitive break below this support level would compound concerns regarding the bullish outlook and could lead to a more extensive bearish trend.

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28 במאי

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