🚀 Zcash ($ZEC ) on the rise! Will the momentum continue?
ZECUSDT is charging ahead with a 4.07% gain, currently sitting at $52.72. The bullish push has seen a 24-hour high of $53.58, while support held firm at $46.64.
🔥 Key technical insights:
- Moving averages signal momentum: MA(7), MA(25), MA(99)
- Volume confirms strong market interest: 429K ZEC traded in 24 hours
- Buyers are eyeing the $53.31 resistance—can bulls break through?
🔑 Key Levels:
Resistance: $53.75
Support: $51.00
📊 Trade Setup:
Entry Zone: $52.30 – $52.80
TP1: $54.20
TP2: $56.00
SL: $50.80
💡 Trade strategy:
- If ZEC flips $53.31 into support, a push toward $55+ could be in sight.
- A rejection here might bring consolidation back to $50-$51 levels.
📊 What’s next?
With market volatility high, eyes are on ZEC’s next big move. Will buyers sustain momentum, or is a pullback in the cards?
⚡ Traders, what's your play? Bullish or cautious?
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Go & Trade $ZEC
