ZEC/USDT reached approximately $1,257 and entered price discovery.
Holding above $1,200 could open the path toward $1,300–$1,500. If momentum weakens, $1,000 is the first support, followed by the major $770–$820 demand zone.
The trend remains bullish, but volatility is likely after such a vertical move.
In August, $BTC took the top spot among all assets, surpassing even sugar and cocoa. And this is despite the fact that August is historically considered one of the worst months for Bitcoin.
$FIL is showing one of its strongest 4H moves in weeks, but this is where confirmation matters most.
Price exploded from the $0.67–$0.70 base and is now testing the psychological $0.80 resistance zone. The breakout has clear momentum behind it, but after such a vertical move, chasing here carries higher risk.
What I’m watching:
• $0.80–$0.81: Immediate resistance. A clean 4H close above this area could open the door toward $0.83–$0.85. • $0.76–$0.78: First important retest zone. Holding here would show buyers are still in control. • $0.70–$0.72: Major structure support if momentum cools off.
The key signal now isn’t just another green candle. It’s whether $FIL can turn former resistance into support.
Above $0.80 with volume = continuation setup. Rejection + loss of $0.76 = deeper pullback risk.
Momentum is bullish, but the next retest will tell us whether this is a sustainable breakout or just an aggressive liquidity move.