$ZEC
📊 Technical Update for the ZEC/USDT Pair
The ZEC/USDT pair has seen a notable change after the previous upward wave, recording a new high at 1,257.06 before entering a phase of volatility and price stabilization.
🟢 Resistance
- 1,257.06: Immediate resistance and the current high.
- 1,263.67: Next resistance, and a breakout above it could open the way to higher levels.
🔴 Support
- 1,205.56: Nearest support and the current consolidation area.
- 1,196.71: Critical support aligned with the SuperTrend indicator.
- 1,176.50: Previous breakout area.
📈 Indicators
- RSI(6): 56.12, in neutral territory and above the 50 level.
- MACD: DIF at 9.22 and DEA at 10.83, with short-term negative momentum appearing.
- Price: Currently moving in an approximate range between 1,205 and 1,257.
🎯 Expected Scenario
🟢 Staying above 1,196.71 could support a retest of 1,257.06, and a breakout above it may target 1,263.67.
🔴 A break below 1,205.56 could push the price toward 1,196.71, and breaking the latter could open the way to 1,176.50.
⚖️ Conclusion
The overall trend remains bullish, but the price is currently going through a phase of volatility after the strong rise. The 1,196.71 level is considered the most important technical support to watch.
#ZECHitsANewAllTimeHigh
#ZEC'sMarketCapSurpassedDOGE
📊 Technical Update for the ZEC/USDT Pair
The ZEC/USDT pair has seen a notable change after the previous upward wave, recording a new high at 1,257.06 before entering a phase of volatility and price stabilization.
🟢 Resistance
- 1,257.06: Immediate resistance and the current high.
- 1,263.67: Next resistance, and a breakout above it could open the way to higher levels.
🔴 Support
- 1,205.56: Nearest support and the current consolidation area.
- 1,196.71: Critical support aligned with the SuperTrend indicator.
- 1,176.50: Previous breakout area.
📈 Indicators
- RSI(6): 56.12, in neutral territory and above the 50 level.
- MACD: DIF at 9.22 and DEA at 10.83, with short-term negative momentum appearing.
- Price: Currently moving in an approximate range between 1,205 and 1,257.
🎯 Expected Scenario
🟢 Staying above 1,196.71 could support a retest of 1,257.06, and a breakout above it may target 1,263.67.
🔴 A break below 1,205.56 could push the price toward 1,196.71, and breaking the latter could open the way to 1,176.50.
⚖️ Conclusion
The overall trend remains bullish, but the price is currently going through a phase of volatility after the strong rise. The 1,196.71 level is considered the most important technical support to watch.
#ZECHitsANewAllTimeHigh
#ZEC'sMarketCapSurpassedDOGE