$ZEC is currently trading around $291.32 and showing +8.17% daily gain, but momentum is cooling off after the recent move. Price is still holding above key MAs, suggesting short-term consolidation rather than reversal.
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📊 Market Overview
Price is showing a gradual pullback with lower highs forming on smaller timeframes. This indicates profit-taking and short-term weakness.
However, with price still above MA7 ($284.99), MA25 ($280.00) and MA99 ($246.12), bulls are still in control long-term.
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🔎 Key Levels
🟢 Support: $284.00
🟢 **Strong Support:** $280.00 (MA25)
🔴 Resistance: $293.70 (24h High)
🔴 **Major Resistance:** $300.00
If price holds above $284.00**, we may see a recovery bounce.
If it breaks below **$280.00, further downside toward $270.00 could follow.
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🎯 Trade Plan (Spot/Futures)
✅ Entry Zone: Near support ($285.00 – $282.00)
🎯 TP1: $293.50
🎯 **TP2:** $300.00
🛑 Stop Loss: Below $278.00
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🔥 Why Consider Long?
· Privacy coin narrative gaining traction
· Strong volume: 2.31M ZEC traded
· MA7 > MA25 > MA99 – golden cross alignment
· 24h high at $293.70 – ready to flip resistance
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⚠️ Not financial advice. Always manage risk properly.
Do you think ZEC will bounce from here or continue cooling? 👇🔥
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