$ZEC is trading around $940–$975, with major market trackers showing a strong ~15–19% 24H move and roughly $1B+ daily trading volume.
🔍 Technical View
🟢 Short-term: Bullish momentum remains strong after the recent breakout.
Support: ~$816–$836
Resistance: ~$870–$885 has been broken; $1,000 is the next major psychological target.
If ZEC holds above $900, bulls could attempt a move toward $1,000+.
A drop back below $836–$816 would increase the risk of a deeper correction.
Trader’s view: 🟢 Bullish, but highly volatile. After such a sharp move, profit-taking/pullbacks are possible before another leg higher.
#zec #USGainsControlOfVenezuelanOilFields
🔍 Technical View
🟢 Short-term: Bullish momentum remains strong after the recent breakout.
Support: ~$816–$836
Resistance: ~$870–$885 has been broken; $1,000 is the next major psychological target.
If ZEC holds above $900, bulls could attempt a move toward $1,000+.
A drop back below $836–$816 would increase the risk of a deeper correction.
Trader’s view: 🟢 Bullish, but highly volatile. After such a sharp move, profit-taking/pullbacks are possible before another leg higher.
#zec #USGainsControlOfVenezuelanOilFields
