⚡ $ZEC is showing a small bounce, but the chart is still fighting resistance.
I’m watching ZEC/USDT around 1,147.40 after price pushed up from the 1,143.86–1,145.27 area and reached near 1,148.09. The move looked constructive, but price pulled back and is now trying to stabilize around 1,147.40.
For me, the first level that matters is 1,148.09. A clean move above that area would make the short-term structure more interesting. Above it, the visible MA60 at 1,149.97 is another important hurdle.
On the downside, 1,146.68 is the nearest visible area I’m watching, with 1,145.27 providing another reference if selling pressure increases.
📊 Volume is visible but appears relatively light on the latest candles, so I’m not chasing the move yet.
I’d want to see price reclaim and hold 1,148.09, preferably with stronger participation, before considering the setup more seriously.
If price loses 1,146.68 and continues lower, the bullish idea weakens and I’d stay patient.
My view: interesting bounce, but confirmation above resistance is still needed. 👀
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