The chart shows ZEC/USDT on a 1-minute timeframe with some key indicators:

๐Ÿ” Key Observations:

Current Price: $41.56

Up +7.09% in 24h โ€” bullish momentum today.

24h Range:

High: $41.82

Low: $38.73

Price is close to the daily high, showing strength.

Volume Spike:

There's a noticeable volume spike recently, suggesting strong activity โ€” either heavy buying or quick profit-taking.

Short-Term Trend:

The price hit a peak of $41.82 and pulled back slightly to $41.49.

This dip after a sharp rise could be a normal pullback or start of a small correction.

Moving Averages (MA):

MA(5): 144.462

MA(10): 91.243

Both are very high, which usually means high volatility or a reaction to a sudden surge in price/volume.

Volume Stats (Bottom):

7 Days: +6.35%

30 Days: -21.73%

1 Year: +106.36%

Indicates that long-term interest in ZEC is growing, despite short-term dips.

๐Ÿ“ˆ Possible Scenarios:

โœ… Bullish Case:

If price holds above $41.50 and breaks $41.82 again, it could test higher resistances like $42.50 or $43.

Strong buying interest seen on volume โ€” could be whales or institutions.

โŒ Bearish Case:

If it drops below $41.20, you may see a retracement toward $40.50โ€“$40.00.

๐Ÿ“Š Verdict:

Short-term: Slight pullback, but still bullish unless it breaks below $41.20.

Mid-term: Watch for consolidation or breakout volume.

Long-term: Positive outlook based on 1-year gain of over 100%.#ZECUSDT #Bulish