ZECUSDT Market Update: Bulls Attempting a Comeback
Zcash ($ZEC ) is currently trading near $1,237 and is attempting to form a base around the $1,200 psychological level following its recent correction.
The $1,200 region has emerged as a key demand zone to defend. As long as buyers hold this level, the short-term structure remains constructive for a bounce.
The immediate trigger for bulls will be a clean reclaim of $1,250. A move above this level would likely accelerate toward $1,320 and $1,400.