ZCASH $ZEC CONSOLIDATING AFTER BOUNCE ARE BULLS GEARING UP FOR A SURGE TO $1493.13?

Pair: $ZEC /USDT

Direction: LONG

Entry Price: 1381.37

Target Levels (Take Profit)

TP 1: 1423.28 +3.03%
TP 2: 1451.22 +5.06%
TP 3: 1493.13 +8.09%

Stop Loss

SL: 1325.49

Technical Breakdown

ZEC ($1380.21) is holding firm above its local support floor at $1360.00 following an impressive bottoming pattern off sub-$1320 lows. Price is building a solid base along the middle Bollinger Band zone (BB 20), confirming buyer absorption at higher lows.

Short-term MA 7 and MA 25 have executed a bullish crossover directly beneath price action, providing immediate dynamic support around $1375–$1380. The primary upside target remains a decisive retest and breakout above the overhead MA 99 baseline (~1440.00).

RSI (14) is holding steady in favorable territory around 53.00, keeping momentum balanced and leaving substantial room for upside expansion. The MACD histogram remains positive green with signal lines rising comfortably out of negative territory, validating steady buyer momentum.

$ZEC