đš $ZEC â THE BULLS ARE STILL IN CONTROL? đ„
Zcash ($ZEC ) has made a massive move from the $500 area to nearly $900, reaching levels not seen since 2018. The rally has been strongly supported by the launch of Grayscaleâs Zcash spot ETF (ZCSH) on NYSE Arca, which has brought a new institutional-access narrative to ZEC.
đ Current chart setup:
đ° Price: ~$795
đ„ Recent high: ~$890
đą Major support: $740â$760
đ Key resistance: $890â$900
đŻ Breakout above $900 could open the door toward $1,000
â ïž Losing $740 could trigger a deeper correction
My view:
đ„ Above $760 â bullish structure remains intact
đ Above $900 â potential breakout toward $1,000
đ» Below $740 â caution; correction could deepen
Is $ZEC preparing for another leg up, or is $900 the top? đ
#zec #zcash #cryptouniverseofficial #BinanceSquare
Zcash ($ZEC ) has made a massive move from the $500 area to nearly $900, reaching levels not seen since 2018. The rally has been strongly supported by the launch of Grayscaleâs Zcash spot ETF (ZCSH) on NYSE Arca, which has brought a new institutional-access narrative to ZEC.
đ Current chart setup:
đ° Price: ~$795
đ„ Recent high: ~$890
đą Major support: $740â$760
đ Key resistance: $890â$900
đŻ Breakout above $900 could open the door toward $1,000
â ïž Losing $740 could trigger a deeper correction
My view:
đ„ Above $760 â bullish structure remains intact
đ Above $900 â potential breakout toward $1,000
đ» Below $740 â caution; correction could deepen
Is $ZEC preparing for another leg up, or is $900 the top? đ
#zec #zcash #cryptouniverseofficial #BinanceSquare