🚀 $ZEC Delivers an Impressive Rally! Is Another Move Coming?
ZEC has made a powerful recovery, climbing from $1,213 to nearly $1,388.
However, the price is now entering a critical supply zone between $1,388 and $1,420.
📉 Bearish Scenario:
If sellers defend this resistance, ZEC could face a pullback toward $1,280, with $1,213 as a deeper downside level.
📈 Bullish Scenario:
A convincing breakout above $1,420 could open the door for another upward move toward $1,500–$1,600.
🔥 My Take:
Momentum remains positive, but chasing the rally near resistance carries additional risk.
Keep an eye on the $1,420 level. The next move could determine ZEC’s short-term direction.
ZEC has made a powerful recovery, climbing from $1,213 to nearly $1,388.
However, the price is now entering a critical supply zone between $1,388 and $1,420.
📉 Bearish Scenario:
If sellers defend this resistance, ZEC could face a pullback toward $1,280, with $1,213 as a deeper downside level.
📈 Bullish Scenario:
A convincing breakout above $1,420 could open the door for another upward move toward $1,500–$1,600.
🔥 My Take:
Momentum remains positive, but chasing the rally near resistance carries additional risk.
Keep an eye on the $1,420 level. The next move could determine ZEC’s short-term direction.
