Trading Signals for $ZETA ZetaChain

in #crypto • last month

ZETA's current price of $0.6096 reflects minor daily movement (+0.62%) alongside strong 24-hour trading volume of $62.57M (representing 17.81% of its market cap). This heightened volume indicates active market participation, while its consolidation between $0.6063 and $0.6449 in the last 24 hours suggests a potential range-bound setup suitable for scalping. Given ZETA's prior volatility and its recovery from the $0.3448 low, scalpers may find opportunities within the identified range.

Trading Strategy:
Action:
Long if price approaches the lower end of the range near $0.6063 with signs of support.
Short if price nears the upper resistance zone around $0.6449 with signs of rejection.

Entry Range:
Long Entry: $0.6065 - $0.6090
Short Entry: $0.6420 - $0.6440

Stop-Loss (SL):
Long SL: $0.6035
Short SL: $0.6500

Take Profit (TP):
Long TP: $0.6280 - $0.6400
Short TP: $0.6200 - $0.6100

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