Zcash ($ZEC ) is currently trading at 1,325.65 (+8.01%) following a notable recovery from its recent local dip. With the 4H RSI surging sharply into the extreme overbought zone at 90.99, the asset is displaying massive short-term momentum backed by strong volume, though it is heavily stretched. If buyers manage to sustain pressure above the immediate 1,250 – 1,280 support floor, it paves the way for a retest toward the 1,450 resistance zone.
However, given the extreme RSI levels, chasing green candles right now carries high risk, and waiting for a healthy cooling phase or support retest is the prudent approach before entering any fresh positions.
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