$ZEC is showing strong bullish momentum. CoinMarketCap’s latest market snapshot shows Zcash around $820, with $ZEC up roughly 44% over 24 hours, making it one of the strongest large-cap movers today.

📊 Technical outlook
Trend: 🟢 Strong bullish

Immediate resistance: $825–$850

Next targets: $900 → $1,000

Key support: $780–$800

Major support: $700–$720

A sustained move above $850 could open the way toward the psychological $1,000 level.

Because the rally is extremely sharp, a pullback/retest toward $780–$800 would be normal before another potential leg higher.

🚀 Fundamental catalyst
Recent momentum is being supported by Grayscale's proposed Zcash ETF conversion and discussions involving roughly 200,000 ZEC for the trust. The recent Ironwood upgrade has also strengthened the project's security narrative.

Bias: 🟢 Bullish above $780
Risk: 🔴 After such a rapid rally, chasing the price near the top carries high pullback risk.

#zec #USDollarFallsToThreeMonthLow #USThreeMajorIndexesPostWeeklyLosses #TeslaHitsMonthlyHigh #levelsabovemagical

$ZEC