Zcash ($ZEC) has shown significant relative strength over the past few weeks, surging past major multi-month resistance levels. With volume expanding across both Spot and Futures markets, here is the current technical setup:
Key Technical Levels to Watch:
Major Support: $1,050 – $1,100 (Breakout re-test zone).
Immediate Resistance: $1,250 – $1,300.
Trend Indicator: Price continues to hold well above key Exponential Moving Averages, confirming medium-term bullish market structure.
Trade Plan Scenario:
Bullish Continuation: A confirmed 4-hour candle close above $1,250 signals momentum towards $1,320+.
Pullback Opportunity: Dips into the $1,050–$1,100 support cluster offer lower-risk entry setups with tight invalidations.
What’s your plan—buying the dip or waiting for a breakout confirmation? Let us know below! 👇
$ZEC #Zcash #CryptoAnalysis #TechnicalAnalysis #BinanceSquare
