$ZEC Zcash is trading at $1,220.01, down 3.87% in 24 hours. Despite the pullback, its broader four-hour structure maintains a potential bull-flag formation above major support. Futures funding is slightly negative at -0.001%, while open interest stands at $521.66M. Traders are watching whether the $1,200 area can maintain its structural importance.
đ Bias: Neutral | đŻ Entry: $1,190â$1,210 | đĄ Support: $1,180, $1,140 | đ§ Resistance: $1,245, $1,280, $1,320 | đŻ Targets: $1,245, $1,290, $1,350 | â Invalidation: $1,150
Strategy: Watch for confirmation around the $1,180â$1,210 support region before considering a potential bull-flag continuation.
#ZEC #Zcash #CryptoAnalysis #AltcoinTrading #BinanceSquare
đ Bias: Neutral | đŻ Entry: $1,190â$1,210 | đĄ Support: $1,180, $1,140 | đ§ Resistance: $1,245, $1,280, $1,320 | đŻ Targets: $1,245, $1,290, $1,350 | â Invalidation: $1,150
Strategy: Watch for confirmation around the $1,180â$1,210 support region before considering a potential bull-flag continuation.
#ZEC #Zcash #CryptoAnalysis #AltcoinTrading #BinanceSquare
