$ZEC ๐ ZEC/USDT Breaks Out โ Strong Bullish Momentum Ahead?
Zcash (ZEC) just delivered a powerful move today, surging +28% with price currently holding around $657.
The daily structure is showing strong bullish momentum:
๐น Price bounced perfectly from the $515 support zone
๐น Strong recovery after the recent dip
๐น MA(5) crossing above MA(10) โ bullish short-term trend
๐น RSI at 71 โ momentum strong, but approaching overbought
๐น 24h Volume rising sharply โ buyers are in control
The major resistance remains around $750, where the last rejection happened.
If bulls can reclaim that zone, a breakout toward $800+ could follow.
However, if price fails to break $750 again, it may retest the $600โ$620 support zone.
๐ Key Levels to Watch:
Support: $620 โ $515
Resistance: $750
Trend: Bullish
Volume: Increasing โ strong buyer interest
ZEC is clearly back in the spotlight โ keep an eye on how it reacts near the next resistance!
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