AI Analysis: $ZEC/USDT

Entry Price: 368–378
Target Price:

- TP1: 404
- TP2: 440
Stop Loss: Below 354

Reasons to Buy:

1. Pattern Confirmation:
- Double bottom reversal structure formed on the daily chart (neckline at 404), bottom depth 50 (354-404)
- Measured move = bottom depth × 1.618 = 81 → Target Price 2 = 354+81=435 (rounded to 440)
2. Trend Structure:
- Weekly chart breaks the 2024 downtrend line (connecting 440→404), price stands above MA(50) 372
- RSI(14)=68 (strong zone), MACD bullish histogram expanding, indicating strengthening bullish momentum
3. Market Sentiment:
- 364-368 area shows a "breakout-and-retest with stabilization on lower volume" volume-price pattern
- Closing price has held above 368 for 3 consecutive days (previous low support + Fibonacci 38.2% retracement level)
4. Indicator Validation:
- OBV indicator hits a new high for 2024, showing capital inflow
- Funding rate +0.285% (positive for 7 consecutive days), futures open interest exceeds $1.5 billion
- On-chain data: Exchange net outflow of 220,000 coins, whale holdings up 38%

Key Observations:

1. Overlapping Support: 354 stop loss aligns with the October 2024 low and Fibonacci 61.8% retracement level
2. Moving Average System: MA(200) 360 overlaps with the lower end of the entry range, forming strong support
3. Volatility Expansion: Bollinger Band width expands to 8.2% (30-day high), breakout direction may bring 25%+ single-day volatility

Trading Logic:

- Build positions in batches: Initial entry at 368 (Fibonacci support), add at 378 (MA50), keep average entry at 373
- Breakout Confirmation: Watch for follow-up opportunities after price holds above 404; breakout should be accompanied by volume doubling the 5-day average
- Target Progression:
- 404 (neckline): Take profit on 30% of position
- 440 (annual resistance): Take profit on another 50%
- Risk Control: After breakout, move stop loss up to 378 to protect floating profit

Risk Warning:

- If price falls below 354, beware the risk of failed double bottom
- The 440 area faces dual resistance from the annual line and Fibonacci 161.8% extension; watch for volume-price confirmation

This content is for reference only and does not constitute investment advice.