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【$ZEC Signal】Pullback After Squeeze, Bulls Accumulating Strength
$ZEC surged 21% in a single day, with a massive bullish candle on the 4H timeframe (trading volume expanded 4-fold), which is a typical violent position-building behavior by institutional funds. Despite RSI showing overbought conditions, the price consolidates at intraday highs with resistance to deep pullbacks, and buy-side depth outweighs sell-side depth, indicating strong absorption willingness. Current price is retracing above the EMA20 (1H), representing strong consolidation and accumulating strength for a second push higher.
🎯 Direction: Long
⚡ Entry: 272.00 - 275.00
🛑 Stop Loss: 265.70 (Starting point of massive bullish candle)
🚀 Targets: 289.31 / 300.00
🛡 Strategy: Reduce position by half at Target 1, move stop loss to entry price for remaining position.
View Real-Time Charts 👇 $ZEC
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