$ZEC
💥General trend: The 1-week timeframe for ZEC/USDT shows a strong uptrend, supported by a sharp rise from 184.57 to a peak of 1698.00.
🔥Exponential moving averages (EMA): The current price (1293.20) is trading above the short-term averages (EMA 7 and EMA 25), reflecting continued positive momentum in the medium term.
💰Support and resistance: The EMA 7 average at 1243.74 represents nearby support, while the peak at 1698.00 is a key resistance level, followed by the 1773.68 level.
🎯Technical outlook: The price is undergoing a slight correction after its recent peak, but remains on a positive trajectory as long as it holds above the key moving averages.#SolanaETFsEnd14WeekInflowStreak
💥General trend: The 1-week timeframe for ZEC/USDT shows a strong uptrend, supported by a sharp rise from 184.57 to a peak of 1698.00.
🔥Exponential moving averages (EMA): The current price (1293.20) is trading above the short-term averages (EMA 7 and EMA 25), reflecting continued positive momentum in the medium term.
💰Support and resistance: The EMA 7 average at 1243.74 represents nearby support, while the peak at 1698.00 is a key resistance level, followed by the 1773.68 level.
🎯Technical outlook: The price is undergoing a slight correction after its recent peak, but remains on a positive trajectory as long as it holds above the key moving averages.#SolanaETFsEnd14WeekInflowStreak