Zcash ($ZEC ) demonstrates a confident growth — over the last 24 hours +13%, current price $247. After prolonged consolidation, the asset broke through local resistance around $230, which may mark the beginning of a medium-term bullish momentum. Trading volumes are increasing, and technical indicators (RSI and MACD) confirm the strengthening of buying pressure.
📈 Bullish scenario:
If $ZEC holds above $250, a continuation of growth to the $270–285 zones is possible. Potential entry point — $245–250. Targets (TP): $270 / $285. Stop-loss (SL) with ZEC volatility — 2–5%, that is around $240–235. When in profit, it is recommended to move SL to breakeven.
📉 Bearish scenario:
If ZEC does not hold above $240, a pullback to $225–215 is likely. Losing this zone will open the way to $200, where a new accumulation may form.
⚠️ Recommendations: use a small percentage of the deposit for trading, adhere to risk management, and monitor price reactions at key levels.
$ZEC back in the spotlight — will the asset continue its upward movement? Share your forecasts in the comments 👇
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