【$ZEC Signal】Short Squeeze and Pullback, Bulls Building Momentum

$ZEC surged 21% in a single day, with a massive bullish candle appearing on the 4H timeframe (trading volume increased 4x). This is typical aggressive accumulation behavior by institutional traders. Despite RSI showing overbought conditions, price consolidates at intraday highs and refuses a deep pullback, with buy-side depth exceeding sell-side depth, indicating strong absorption intent. Current price has pulled back to above the EMA20 (1H), representing strong consolidation and building strength for a second surge.

🎯 Direction: Long

⚡ Entry: 272.00 - 275.00

🛑 Stop Loss: 265.70 (start of massive bullish candle)

🚀 Targets: 289.31 / 300.00

🛡 Strategy: Reduce position by half at target 1, move stop loss of remaining position up to entry price.

View live charts 👇 $ZEC
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