$ZEC is around $1,140, after a very strong rally and a pullback from the ~$1,290 area.
Trend: 🟢 Bullish overall, but short-term consolidation/correction.
Key levels
🟢 Support 1: $1,100–$1,120
🟢 Support 2: $1,050–$1,080
🟡 Major support: ~$1,000
🔴 Resistance 1: $1,160–$1,200
🔴 Resistance 2: $1,250–$1,280
🚀 Breakout zone: $1,280–$1,300
Current technical sources broadly agree that $1,050–$1,100 is the important downside area, while reclaiming $1,200+ would strengthen the bullish setup.
Bullish scenario: Hold above ~$1,100 → reclaim $1,200 → possible retest of $1,250–$1,300.
Bearish scenario: Lose ~$1,050 → $1,000 becomes the next major level; a sustained break below $1,000 would weaken the broader structure.
My bias: 🟢 Bullish above $1,100, but very volatile. The cleanest confirmation would be a sustained move back above#FedRateWatch
Trend: 🟢 Bullish overall, but short-term consolidation/correction.
Key levels
🟢 Support 1: $1,100–$1,120
🟢 Support 2: $1,050–$1,080
🟡 Major support: ~$1,000
🔴 Resistance 1: $1,160–$1,200
🔴 Resistance 2: $1,250–$1,280
🚀 Breakout zone: $1,280–$1,300
Current technical sources broadly agree that $1,050–$1,100 is the important downside area, while reclaiming $1,200+ would strengthen the bullish setup.
Bullish scenario: Hold above ~$1,100 → reclaim $1,200 → possible retest of $1,250–$1,300.
Bearish scenario: Lose ~$1,050 → $1,000 becomes the next major level; a sustained break below $1,000 would weaken the broader structure.
My bias: 🟢 Bullish above $1,100, but very volatile. The cleanest confirmation would be a sustained move back above#FedRateWatch
