âZcash ($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:
âKey Technical Levels to Watch:
âMajor Support: $1,050 â $1,100 (Breakout re-test zone).
âImmediate Resistance: $1,250 â $1,300.
âTrend Indicator: Price continues to hold well above key Exponential Moving Averages, confirming medium-term bullish market structure.
âTrade Plan Scenario:
âBullish Continuation: A confirmed 4-hour candle close above $1,250 signals momentum towards $1,320+.
âPullback Opportunity: Dips into the $1,050â$1,100 support cluster offer lower-risk entry setups with tight invalidations.
âWhatâs your planâbuying the dip or waiting for a breakout confirmation? Let us know below! đ
â$ZEC #Zcash #CryptoAnalysis #TechnicalAnalysis #BinanceSquare
