ZECUSDT – Potential Long Setup at Key Fibonacci Level

[tradelikepro]

ZECUSDT – Potential Long Setup at Key Fibonacci Level

After a strong rally, ZECUSDT has entered a corrective phase, dropping from the 750 zone down to 307.8 – which aligns precisely with the 0.618 Fibonacci retracement level. Historically, this area has acted as a significant resistance twice, and once broken, it led to a notable bullish continuation.

Currently, price action is testing this level again, and given its historical importance, I see potential for a long setup if bullish confirmation appears.

My Targets (TP):

• TP1: 470
• TP2: 658
• TP3: 743

️ Stop Loss: 299

Timeframe: Daily
Perspective: Long-term

️ Disclaimer: This is not financial advice or a buy/sell signal. Just sharing my personal view based on technical analysis.

[Nahid Hossen]

ZEC sitting right on a key Fibonacci level—solid spot for a potential long.

[Abdul Khan]

If ZEC respects this Fib zone, a strong upside bounce is on the table.