ZEC is currently trading around $414.90 showing a minor pullback (-3.15%) after a strong upward move. Price recently bounced from the $409–410 support zone, confirming strong buyer interest at lower levels.
On the 1-minute chart, ZEC remains above key moving averages (MA 25 & MA 99), which suggests the short-term trend is still bullish, though momentum is cooling.
Indicators:
RSI (≈67): Near overbought territory, signaling possible consolidation or a small correction. Bollinger Bands: Price is close to the upper band, indicating short-term exhaustion. Supertrend: Still bullish, supporting trend continuation.
Outlook If ZEC holds above $412, a retest of $420–430 is possible. A break below $409 could trigger a deeper pullback toward $405. Overall bias remains bullish with short-term consolidation. @Zcash Official $ZEC
🚀🚀If $ZEC forms a double bottom, it will retest the resistance above. Entry (Long/Buy):398-405 • Stop Loss (SL): 380 (~2-3% risk). • Take Profit (TP): • TP1: 420–428 (quick, 1:1-1.5 RR). • TP2: 443–450 (main target at recent highs). • TP3: Extend to 477–488+ if strong breakout. • Risk/Reward: 1:3+ potential. • Reason: Price in strong LuxAlgo demand, multiple CHOCH/EQL supports, privacy coin momentum (shielded pool ATH in 2025).#Zcash破圈 @Zcash Official $ZEC