$ZEC Price: ~$1,150–$1,200
Market Cap: ~$19.4–20.3B
24H Volume: ~$1.1B
📊 Technical View: ZEC remains bullish but highly volatile. It surged nearly 20% on Sept. 6, then pulled back around 7% on Sept. 7, showing strong profit-taking. The latest data puts the important near-term support around $1,115–$1,120, while $1,200–$1,230 is the key resistance zone.
🚀 Bullish scenario: A clean break above $1,230 with strong volume could signal another upward move.
Bearish scenario: Losing $1,115 could trigger a deeper correction.
Overall: 🟢 Bullish bias, but traders should watch $1,115 support and $1,230 resistance closely.
#USIranTradeTankerStrikesEscalate #zec #ZcashRises45%WeeklyToHighestSince2016 #CanadaTariffsOnUSTakeEffect
Market Cap: ~$19.4–20.3B
24H Volume: ~$1.1B
📊 Technical View: ZEC remains bullish but highly volatile. It surged nearly 20% on Sept. 6, then pulled back around 7% on Sept. 7, showing strong profit-taking. The latest data puts the important near-term support around $1,115–$1,120, while $1,200–$1,230 is the key resistance zone.
🚀 Bullish scenario: A clean break above $1,230 with strong volume could signal another upward move.
Bearish scenario: Losing $1,115 could trigger a deeper correction.
Overall: 🟢 Bullish bias, but traders should watch $1,115 support and $1,230 resistance closely.
#USIranTradeTankerStrikesEscalate #zec #ZcashRises45%WeeklyToHighestSince2016 #CanadaTariffsOnUSTakeEffect
