$ZEC /USDT – STRONG BOUNCE FROM $31 SUPPORT, BULLS REGROUP ABOVE $36

Zcash ($ZEC ) has bounced impressively from its 24H low of $31.28 to reclaim the $36.67 level, posting a +15.57% gain. The sharp reversal came after multiple red candles, signaling a possible local bottom formation with buyers stepping in on high volume.

Now trading just below $37, $ZEC is consolidating after a quick surge, with resistance seen at the $38.06–$38.35 range. This structure shows healthy pullback and sideways action, which often precedes a secondary push if volume remains consistent.

Key Stats:

24H High: $38.06

24H Low: $31.28

Current Price: $36.67

Volume: 572.6K ZEC

Resistance: $38.00–$38.35

Support: $35.50

MarketNext Outlook: A sustained hold above $35.50 can fuel another push toward $40. Keep eyes on volume and candle structure near $37.20 for confirmation.

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