$ZEC is currently trading at 38.95 USDT, showing a bullish market structure.
With support at 37.14 USDT and resistance at 39.12 USDT, a breakout strategy could be optimal here.
The RSI of 68.39 indicates potential overbought conditions, warranting caution.
Traders should watch for Bitcoin's influence and broader macroeconomic events that could impact volatility.