$ZEC Zcash is at $1,325, up 3.8%, with $142M in 24-hour volume expanding above its 20-day structural average. The $1,300 shelf has been reclaimed, while $1,373 remains the critical multi-week resistance. Reported Zcash Trust inflows and rising open interest alongside short liquidations support the bullish setup. However, failure to close above resistance could trigger a double-top reversal, making confirmation essential.
📈 Bias: Bullish | 🎯 Entry: $1,310–$1,330 | 🛡 Support: $1,280 | 🚧 Resistance: $1,373 | 🎯 Targets: $1,370 / $1,450 / $1,698 | ❌ Invalidation: Hard break below $1,260
Strategy: Monitor the $1,373 resistance for a confirmed breakout. If price fails there, avoid assuming continuation and reassess the setup.
#Zcash #ZEC #CryptoTrading #BreakoutTrading #TechnicalAnalysis
📈 Bias: Bullish | 🎯 Entry: $1,310–$1,330 | 🛡 Support: $1,280 | 🚧 Resistance: $1,373 | 🎯 Targets: $1,370 / $1,450 / $1,698 | ❌ Invalidation: Hard break below $1,260
Strategy: Monitor the $1,373 resistance for a confirmed breakout. If price fails there, avoid assuming continuation and reassess the setup.
#Zcash #ZEC #CryptoTrading #BreakoutTrading #TechnicalAnalysis
