$ZEC Zcash is showing strong bullish momentum, up 8.11% in 24 hours, with approximately $50 million in equivalent volume. The supplied data points to high-volume resistance clearance, rising daily moving averages, and short liquidations supporting the move. However, surging open interest and positive funding suggest crowded long positioning, while profit-taking remains a key risk.
đ Bias: Strongly Bullish | đŻ Entry: $1,200â$1,215 | đĄ Support: $1,180 | đ§ Resistance: $1,266 | đŻ Targets: $1,245 / $1,265 / $1,290 | â Invalidation: 4H close below $1,170
Strategy: Consider a confirmed pullback entry within the supplied zone; avoid chasing an extended move.
#ZEC #Zcash #CryptoTrading #TechnicalAnalysis #BinanceSquare
đ Bias: Strongly Bullish | đŻ Entry: $1,200â$1,215 | đĄ Support: $1,180 | đ§ Resistance: $1,266 | đŻ Targets: $1,245 / $1,265 / $1,290 | â Invalidation: 4H close below $1,170
Strategy: Consider a confirmed pullback entry within the supplied zone; avoid chasing an extended move.
#ZEC #Zcash #CryptoTrading #TechnicalAnalysis #BinanceSquare