ZEC/USDT breakout likely?Hello,
Price continues to move within a well-defined upward channel, showing a series of higher lows and controlled pullbacks.
At the moment, price is consolidating into a small symmetrical triangle just below the 470–480 resistance zone.
So far, there has been no strong rejection, and bullish momentum remains intact.
Resistance : Immediate resistance at 470–480. A breakout above could trigger the next leg up.
Major target zone : 540–550 remains a significant higher-timeframe supply area.
My plan
Entry: 458.13, SL: 386.59, TP: 530
The idea behind this setup is that a breakout above 470–480 could lead to a continuation move toward the 540–550 zone, with 530 as an intermediate target.
