📊 ZEC/USDT Analysis: Zcash Breaks Out! 🚀
ZEC is on fire with a powerful bullish rally. Here’s the breakdown:
💰 Price Action
• Current Price: 46.88 USDT
• 24h Change: +10.28%
• 24h High/Low: 48.00 / 41.87 USDT
✅ Trading close to its daily high → strong momentum, buyers in control.
📈 Trading Volume
• 24h Volume: 154,854 ZEC (~7.09M USDT)
• Current Candle: 17.1K ZEC
• Avg Vol (5/10): 28.4K / 17.6K ZEC
🔥 Huge 24h volume confirms this move is backed by real capital inflow.
📊 Moving Averages (Bullish Setup)
• MA(7): 45.28
• MA(25): 42.42
• MA(99): 41.77
✔ Price is above all MAs
✔ Perfect bullish alignment (MA7 > MA25 > MA99) = strong short, mid & long-term uptrend
🚀 Bullish Outlook
1. +10% surge in 24h = top gainer momentum
2. MAs stacked bullishly → trend confirmation
3. $7M+ volume adds credibility
4. Trading near highs with minimal sell pressure
🔑 Levels to Watch
• Resistance: 48.00 (24h high) → breakout target
• Support: 45.28 (MA7) and 42.42 (MA25)
📌 Overall Sentiment: STRONGLY BULLISH
