$ZEC
✨Overall Trend: Strong bullish momentum on the weekly chart (ZEC/USDT) after breaking above the upward accumulation levels over the moving averages.
🚀Current Price and Resistance: The price is at 1,392.25, down 4.60%, after registering a near-term high at 1,698.00, which represents the most prominent resistance.
💰Near Support: The EMA7 moving average level at 1,220.74 forms the first support zone for a pullback and consolidation.
🎖Outlook and Liquidity: The positive trend remains in place as long as the price stays above the moving averages, but be cautious of short-term profit-taking after the rapid rise.
#CFTCSubmitsTwoEventContractRulesToWhiteHouse
✨Overall Trend: Strong bullish momentum on the weekly chart (ZEC/USDT) after breaking above the upward accumulation levels over the moving averages.
🚀Current Price and Resistance: The price is at 1,392.25, down 4.60%, after registering a near-term high at 1,698.00, which represents the most prominent resistance.
💰Near Support: The EMA7 moving average level at 1,220.74 forms the first support zone for a pullback and consolidation.
🎖Outlook and Liquidity: The positive trend remains in place as long as the price stays above the moving averages, but be cautious of short-term profit-taking after the rapid rise.
#CFTCSubmitsTwoEventContractRulesToWhiteHouse
