$ZEC has pulled back hard enough to shake out late longs, but the broader structure is still holding a bullish shape. Binance Futures currently has $ZEC around $1,181, with the 24h range sitting at $1,053.79-$1,217.78 and price still up roughly 4.3% on the day.

Entry: 1,148.33–1,163.63
SL: 1,045.29
TP1: 1,281.97
TP2: 1,376.64

The 15m, 1H and 4H reads all point in the same direction, while OBV is still constructive on the lower timeframes. The main hesitation is momentum: 15m MACD is weakening and the 4H RSI remains close to neutral, so this is better viewed as a continuation attempt rather than a clean momentum breakout. Binance's latest market data also shows heavy activity, with more than $3.3B in 24h futures volume, while recent Binance coverage highlighted forced long liquidations around the $1,136 area.

With volatility this wide, keeping leverage modest and defining the invalidation around the SL matters more than trying to squeeze every move out of $ZEC .