🟢 ZEC Update — Zcash
ZEC is around the $490–$510 zone and the structure remains cautiously bullish. Recent analysis shows support around $480–$490, while $550 is the key breakout level. A confirmed break above $550 could open the way toward $600–$636.
Key levels:
🟢 Support: $480–$490
🔥 Resistance: $550
🎯 Breakout targets: $600 → $636
🔴 Losing $480: bullish setup weakens
Momentum indicators are still relatively constructive, with RSI around 60 and moving averages generally favoring buyers.
My view: 🟢 Bullish above $490, but I’d avoid chasing. The cleanest confirmation is a strong close above $550.$ZEC
ZEC is around the $490–$510 zone and the structure remains cautiously bullish. Recent analysis shows support around $480–$490, while $550 is the key breakout level. A confirmed break above $550 could open the way toward $600–$636.
Key levels:
🟢 Support: $480–$490
🔥 Resistance: $550
🎯 Breakout targets: $600 → $636
🔴 Losing $480: bullish setup weakens
Momentum indicators are still relatively constructive, with RSI around 60 and moving averages generally favoring buyers.
My view: 🟢 Bullish above $490, but I’d avoid chasing. The cleanest confirmation is a strong close above $550.$ZEC