$ZEC shows a strong bullish structure following a major breakout from the previous consolidation phase....
After an impressive rise toward $1,700, the price entered a healthy correction and is now consolidating around $1,249 while remaining above the key support zone between $1,050 and $1,100.
This zone represents an important demand area where buyers may step in to push the price higher.
If support holds and bullish momentum returns, ZEC could target $1,400 first, followed by a retest of the $1,650–$1,700 range. The $890 level remains an important deeper support in case the current structure fails.
Overall, ZEC remains bullish as long as buyers defend the specified support zone.
After an impressive rise toward $1,700, the price entered a healthy correction and is now consolidating around $1,249 while remaining above the key support zone between $1,050 and $1,100.
This zone represents an important demand area where buyers may step in to push the price higher.
If support holds and bullish momentum returns, ZEC could target $1,400 first, followed by a retest of the $1,650–$1,700 range. The $890 level remains an important deeper support in case the current structure fails.
Overall, ZEC remains bullish as long as buyers defend the specified support zone.
