$ZEC is attempting a reversal from macro lows, with the supplied regulatory speculation and potential spot ETF narrative supporting renewed buying interest. The chart structure shows an explosive multi-month breakout pattern, but $48 remains the key resistance. Traders should monitor whether price can establish strength above that level.
đ Bias: Reversal | đŻ Entry: $42â$45.50 | đĄ Support: $38.50 | đ§ Resistance: $48 | đŻ Targets: $55 / $64 | â Invalidation: Below $35
Strategy: Breakout confirmation above $48.
#Zcash #ZEC #PrivacyCoins #CryptoTrading #Binance
đ Bias: Reversal | đŻ Entry: $42â$45.50 | đĄ Support: $38.50 | đ§ Resistance: $48 | đŻ Targets: $55 / $64 | â Invalidation: Below $35
Strategy: Breakout confirmation above $48.
#Zcash #ZEC #PrivacyCoins #CryptoTrading #Binance
