$ZEC is currently trading near ~$510+, and many older pivot levels (~$420â$470) have shifted because price has moved up sharply.
đ Current Price Action:
$ZEC is trading near ~$510+, with strong recent upside and sustained bullish momentum on short-to-medium time frames.
đ Technical Signals:
Moving Averages: Price above key short-term (10/20 EMA) levels â bullish structure.
Momentum: RSI and MACD show positive traction as buyers dominate recent moves.
Pattern: Recent higher highs and lows suggest trend continuation if volume holds.
đ Key Levels to Watch:
Support:
âą Around prior consolidation base near $460â$480 (psychological/technical zone)
âą Immediate lower support near $500 zone
Resistance:
âą $540â$560 next overhead cluster
âą Bullish breakout above $560 could widen gains
đ Short-Term Trade Ideas:
â Trend Continuation: Long if price holds $500+ with increased volume.
â Pullback Play: Look for re-tracement toward $480â$490 as a lower-risk entry if momentum stalls.
â Breakout Play: Buy on a clean daily close above ~$560 for further upside expansion.
