$ZEC is on a tear right now.
Pumped hard to $595 after holding that $550 zone, now sitting right under the day’s high. Clean green candles, Supertrend flipped bullish at $529, and the short-term MAs are all stacked underneath as support.
Key levels I’m watching:
Support: $570–$550 (MA7 + recent demand), then the stronger $529 Supertrend area
Resistance: $596 (today’s high), next real test around $620–$650
On-chain side looks healthy too, Ironwood migration is still accelerating (more $ZEC moving into the new shielded pool), exchange flows have been net positive on recent days, and there’s quiet ETF chatter from the Grayscale filing. Privacy narrative is waking back up.
Is $650–$700 next?
Short-term yes, it’s very possible if we clear $600 with volume. Some charts even flag liquidity up near $680. But it’s extended (StochRSI is high), so a healthy pullback to $550–$570 wouldn’t surprise me before the next leg.
Structure is strong, buyers are still in control. Privacy coins don’t move like this every day.
Who’s riding this one? Caught the breakout or still watching?
Drop your thoughts 👇
#ShareYourThoughtOnBTC
Pumped hard to $595 after holding that $550 zone, now sitting right under the day’s high. Clean green candles, Supertrend flipped bullish at $529, and the short-term MAs are all stacked underneath as support.
Key levels I’m watching:
Support: $570–$550 (MA7 + recent demand), then the stronger $529 Supertrend area
Resistance: $596 (today’s high), next real test around $620–$650
On-chain side looks healthy too, Ironwood migration is still accelerating (more $ZEC moving into the new shielded pool), exchange flows have been net positive on recent days, and there’s quiet ETF chatter from the Grayscale filing. Privacy narrative is waking back up.
Is $650–$700 next?
Short-term yes, it’s very possible if we clear $600 with volume. Some charts even flag liquidity up near $680. But it’s extended (StochRSI is high), so a healthy pullback to $550–$570 wouldn’t surprise me before the next leg.
Structure is strong, buyers are still in control. Privacy coins don’t move like this every day.
Who’s riding this one? Caught the breakout or still watching?
Drop your thoughts 👇
#ShareYourThoughtOnBTC