🚨 $ZEC REBOUNDS STRONG ABOVE $1,150! READY TO RETEST $1,200+? 🚀
$ZEC (Zcash) showed exceptional buyer strength after finding solid support near 1,085.26, pushing back up to 1,156.92 with steady momentum.
​⚠️ Technical Analysis & Key Factors:
​Dynamic Support Reclaimed: Price has broken back above key moving averages on the 1H timeframe, reclaiming the 1H MA7 (1,126.73), MA25 (1,129.99), and 4H MA7 (1,131.94) zones.
​Bullish MACD Crossover: The 1H MACD metric flipped green with bullish histogram expansion, confirming renewed buying pressure after a short consolidation phase.
​Volume Building: High 24h trading volume ($1.97B USDT) supports the upward move, pointing toward a possible retest of recent local swing highs around 1,224.53 – 1,297.50.
​🎯 Long Setup Scenario (Continuation Trade Plan):
​Entry Zone: 1,135.00 – 1,155.00 (On minor pullbacks to MA support)
​Target 1 (TP1): 1,180.00 (24h High Resistance)
​Target 2 (TP2): 1,225.00 (1H Recent Swing High)
​Target 3 (TP3): 1,280.00 (4H Upper Resistance Zone)
​Stop Loss (SL): 1,080.00 (Below local support level)
​🚨 Disclaimer: Privacy coins and high-cap assets experience sharp market swings. Manage your position sizing carefully and trade with proper risk control!
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​What's your plan for $ZEC?
​🚀 Breakout to $1,200+
​📉 Pullback to $1,100
​🍿 Waiting for Confirmation
22 hr(s) left