$ZEC IS TESTING A MAJOR BREAKOUT LEVEL ... THIS AREA DECIDES THE NEXT MOVE
ZEC has bounced strongly from the 940–990 support zone and is now pressing into the descending trendline around 1,240.
This is the key decision area.
Next Price: 1,300
Immediate Resistance: 1,320–1,360
Major Resistance: 1,680–1,720
Key Support: 1,150–1,180
Major Support: 940–990
If ZEC gets a clean 4H close above the descending trendline and then reclaims 1,320–1,360, the recovery can extend much higher.
But if this trendline rejects price again, the current bounce can quickly lose momentum and send ZEC back toward the lower support structure.
Strong recovery from support. Now ZEC needs to break the trendline and 1,320+ to confirm the real bullish continuation.
Trade on $ZEC
ZEC has bounced strongly from the 940–990 support zone and is now pressing into the descending trendline around 1,240.
This is the key decision area.
Next Price: 1,300
Immediate Resistance: 1,320–1,360
Major Resistance: 1,680–1,720
Key Support: 1,150–1,180
Major Support: 940–990
If ZEC gets a clean 4H close above the descending trendline and then reclaims 1,320–1,360, the recovery can extend much higher.
But if this trendline rejects price again, the current bounce can quickly lose momentum and send ZEC back toward the lower support structure.
Strong recovery from support. Now ZEC needs to break the trendline and 1,320+ to confirm the real bullish continuation.
Trade on $ZEC
