$đą ZEC Update â Aug 21, 2026
ZEC is still structurally bullish, but it needs to clear resistance before another major leg higher.
đ° Current area: ~$510â$515
đą Support: $500, then $460
đ„ Resistance: $550â$575
đ Breakout target: $600 â $650 â $750
đŻ Bullish extension: $1,000 if ZEC breaks and holds above the $750â$775 zone.
â ïž Bearish trigger: Losing $500 could send ZEC toward $460.
Recent developments remain supportive: Zcash mining infrastructure has expanded significantly, with Cypherpunk reporting a fleet representing roughly 18% of network hashrate.
My view: đą Bullish above $500. I would avoid chasing a big green candle; a clean breakout/retest of $550â$575 would be stronger confirmation.#ZE_TRADđ $ZEC
ZEC is still structurally bullish, but it needs to clear resistance before another major leg higher.
đ° Current area: ~$510â$515
đą Support: $500, then $460
đ„ Resistance: $550â$575
đ Breakout target: $600 â $650 â $750
đŻ Bullish extension: $1,000 if ZEC breaks and holds above the $750â$775 zone.
â ïž Bearish trigger: Losing $500 could send ZEC toward $460.
Recent developments remain supportive: Zcash mining infrastructure has expanded significantly, with Cypherpunk reporting a fleet representing roughly 18% of network hashrate.
My view: đą Bullish above $500. I would avoid chasing a big green candle; a clean breakout/retest of $550â$575 would be stronger confirmation.#ZE_TRADđ $ZEC