$ZEC is waking up — buyers defended the 950 zone and the next target is 1,070.
After a brutal sell-off that left a lot of buyers disappointed, this one is finally showing signs of life. Price kept sliding from above 1,100, and every small bounce was sold into another dump.
Something changed around 950–960. ZEC slipped below its recent lows, but instead of cascading lower, buyers stepped in and pushed it back above 1,000. That reaction is what caught my eye — the chart now shows a last price of 1,003.16, up 1.30% on the session, with the recovery holding above the 1,000 mark.
What I am watching now:
- Hold 980–1,000 and reclaim 1,020, and the move can extend toward 1,070–1,080, where liquidity rests above the recent highs. The chart marks the zone at 1,070.46, with 1,077.79 just above it.
- 984 is the level I am watching most closely.
- A move below 952 would weaken this setup.
Traders still positioned for another straight dump could be the ones who get surprised here. My next target for ZEC is 1,070.
Can buyers keep this recovery alive?
After a brutal sell-off that left a lot of buyers disappointed, this one is finally showing signs of life. Price kept sliding from above 1,100, and every small bounce was sold into another dump.
Something changed around 950–960. ZEC slipped below its recent lows, but instead of cascading lower, buyers stepped in and pushed it back above 1,000. That reaction is what caught my eye — the chart now shows a last price of 1,003.16, up 1.30% on the session, with the recovery holding above the 1,000 mark.
What I am watching now:
- Hold 980–1,000 and reclaim 1,020, and the move can extend toward 1,070–1,080, where liquidity rests above the recent highs. The chart marks the zone at 1,070.46, with 1,077.79 just above it.
- 984 is the level I am watching most closely.
- A move below 952 would weaken this setup.
Traders still positioned for another straight dump could be the ones who get surprised here. My next target for ZEC is 1,070.
Can buyers keep this recovery alive?
