$ZEC /USDT – Bullish Breakout in Progress
Current Price: $51.12 (+7.62%)
24h Range: $46.80 – $52.00
Volume Surge: Strong buying pressure with 24h volume showing clear interest.
Technical Analysis:
Trend:
Bullish momentum confirmed with a clean breakout above $50.
Higher lows and strong candles on the 1H/4H indicate trend continuation.
Support Levels:
Immediate support: $49.80
Major support: $47.30
Resistance Levels:
Immediate resistance: $52.00
Breakout target: $54.20
Further upside target: $57.00
Volume & Momentum:
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Sharp increase in volume supports the breakout.
RSI likely approaching overbought territory but no signs of reversal yet.
Prediction (Short-Term 1–2 Days):
If $50.50–$51 holds as support, ZEC could break above $52.00 and rally toward $54–$55.
Failure to hold $49.80 may lead to a retest of $47.30 before attempting another push.
Bias: Bullish, unless it loses $49.80 with volume.