📊 ZEC/USDT — Technical Analysis (1h)

@Zcash Official #zec

Price: 582.84

Variation: +19.41%

Context: Strong rally after recent low at 469.71, with momentum acceleration.

1️⃣ Moving Averages (MA7 • MA25 • MA99)

• MA7: 545.29

• MA25: 515.65

• MA99: 507.38

The price is above all moving averages, indicating a clear upward trend.

MA7 crossed above MA25, reinforcing aggressively bullish momentum.

$ZEC

2️⃣ Price Structure

ZEC broke through the key range of 542–550, triggering continuation to 588.72, the peak of the last 24h.

Resistances:

• 588.72 (immediate peak)

• 600.00

• 618.00

Supports:

• 568.50 (recently tested area)

• 545.00 (MA7)

• 515.00 (MA25)

The current candle shows strength but with slight exhaustion at the top.

3️⃣ Volume

Increasing and dominant volume on the rise — clear validation of the breakout and institutional buying flow.

4️⃣ RSI (6 • 12 • 24)

• RSI(6): 83.52 → Strong overbought

• RSI(12): 74.56

• RSI(24): 64.94

The three horizons indicate overbought conditions, suggesting potential technical pullback before new expansions.

5️⃣ Operational Summary

ZEC maintains a solid buying bias on the 1h.

Corrections down to 568–555 should be monitored as defense zones for the trend.

Staying above 545 preserves the bullish scenario.

ZEC
ZEC
595.81
+18.20%