$ZEC Surges +19% Above $1,000 — Bullish Continuation or Consolidation Near Highs?
ZEC/USDT has shown strong bullish momentum, surging by +19.32% in the last 24 hours to trade around $1,006.96. The coin registered a massive vertical pump hitting a 24-hour high of $1,029.22 before entering a brief consolidation phase above $990. Heavy trading activity backs this move, with 24-hour volume reaching 313,223.59 ZEC ($297.15M USDT), signaling intense interest from buyers as ZEC breaks past four-figure resistance levels.
Trade Bias: Bullish Continuation / Retest
Entry Zone: $985.00 – $1,000.00 (Healthy pullbacks near local support zones for risk-managed entries)
Targets: $1,029.00 ➡️ $1,055.00 ➡️ $1,080.00
Stop Loss: $960.00
Technically, the 15-minute chart displays a sharp impulsive move followed by high-level consolidation, indicating strong buyer retention. RSI(6) currently sits at 60.12, reflecting healthy bullish momentum without being overextended in the overbought zone. Although Parabolic SAR dots are currently above the candles around $1,023.12 following a short correction from the peak, holding above $985 keeps the broader bullish structure intact for a potential push toward fresh highs.
Will $ZEC break above $1,029.22 today, or face a pull back towards $985 support first?
Trade Now $ZEC
#zec #BinanceSquare #cryptotrading
ZEC/USDT has shown strong bullish momentum, surging by +19.32% in the last 24 hours to trade around $1,006.96. The coin registered a massive vertical pump hitting a 24-hour high of $1,029.22 before entering a brief consolidation phase above $990. Heavy trading activity backs this move, with 24-hour volume reaching 313,223.59 ZEC ($297.15M USDT), signaling intense interest from buyers as ZEC breaks past four-figure resistance levels.
Trade Bias: Bullish Continuation / Retest
Entry Zone: $985.00 – $1,000.00 (Healthy pullbacks near local support zones for risk-managed entries)
Targets: $1,029.00 ➡️ $1,055.00 ➡️ $1,080.00
Stop Loss: $960.00
Technically, the 15-minute chart displays a sharp impulsive move followed by high-level consolidation, indicating strong buyer retention. RSI(6) currently sits at 60.12, reflecting healthy bullish momentum without being overextended in the overbought zone. Although Parabolic SAR dots are currently above the candles around $1,023.12 following a short correction from the peak, holding above $985 keeps the broader bullish structure intact for a potential push toward fresh highs.
Will $ZEC break above $1,029.22 today, or face a pull back towards $985 support first?
Trade Now $ZEC
#zec #BinanceSquare #cryptotrading
