$ZEC Currently, its price is at $1,271.00
It has risen 3.78% in the last 24 hours.

In the long term, the bullish structure looks a little unstable; in other words, we could look for a support level to reinforce the structure. The $1,100.00 zone would be a good level.

In the short term, we are looking at lower zones. Buyers are still in control; however, signs of weakness had already been appearing. Of course, we had just lost the $1,500.00 mark, which showed weakness. Therefore, the lower $1,100.00 zone has been considered the main target.

Key zones:

• Support line: Located in the $1,100.00 zone. The key is to stay above this level; in the worst-case scenario, $886.60 would be exposed.

• Resistance line: Located in the $1,500 zone. This level is undoubtedly a strong ceiling and difficult to break through at this time.

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