$ZEC Zcash is showing strong bullish momentum, up 8.11% in 24 hours, with approximately $50 million in equivalent volume. The supplied data points to high-volume resistance clearance, rising daily moving averages, and short liquidations supporting the move. However, surging open interest and positive funding suggest crowded long positioning, while profit-taking remains a key risk.
📈 Bias: Strongly Bullish | 🎯 Entry: $1,200–$1,215 | 🛡 Support: $1,180 | 🚧 Resistance: $1,266 | 🎯 Targets: $1,245 / $1,265 / $1,290 | ❌ Invalidation: 4H close below $1,170
Strategy: Consider a confirmed pullback entry within the supplied zone; avoid chasing an extended move.
#ZEC #Zcash #CryptoTrading #TechnicalAnalysis #BinanceSquare
📈 Bias: Strongly Bullish | 🎯 Entry: $1,200–$1,215 | 🛡 Support: $1,180 | 🚧 Resistance: $1,266 | 🎯 Targets: $1,245 / $1,265 / $1,290 | ❌ Invalidation: 4H close below $1,170
Strategy: Consider a confirmed pullback entry within the supplied zone; avoid chasing an extended move.
#ZEC #Zcash #CryptoTrading #TechnicalAnalysis #BinanceSquare