ZEC Breaks Out — Is $52 the Next Target?
Zcash ($ZEC) just surged from $40.80 to a new high of $49.68, marking an impressive 21.8% spike in just a few hours. With trading volume soaring (82.6K ZEC), bullish momentum is strong as key levels are reclaimed.
Potential Long Trade Setup:
Entry Range: $49.40 – $49.60
Stop-Loss: Below $48.10
Target 1 (TP1): $51.80
Target 2 (TP2): $53.90
With buy orders making up 61.95% of the market, sentiment is clearly bullish. A break above $49.70 could ignite a swift move toward $52+.