$ZEC remains in a strong bullish structure after an aggressive breakout, now consolidating above key support.
Price made a sharp impulse from the low $400s and is currently holding above the $530 – $520 zone, which confirms buyers are still in control. The current price action looks like healthy consolidation, not weakness.
On the 1H timeframe, $ZEC is forming a bullish continuation range after the breakout. As long as price stays above support, the trend bias remains upward.
Key Levels:
Support: $530 – $520
Major Support: $500
Resistance: $550 – $560
Breakout Level: $560
Trade Setup (Long):
Entry: $525 – $535 (pullback zone)
Targets: $550 → $570 → $600
Stop-Loss: Below $505
Alternative Scenario:
A 1H close below $500 would invalidate the current bullish setup and could lead to a deeper retrace toward $470 – $480.
Momentum is strong, structure is bullish, and consolidation above prior resistance favors continuation. Best approach is buying dips into support or waiting for a clean breakout above 560 with volume.
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