Zcacher

Over the past days, $ZEC has turned into one of the market’s most interesting charts. After a sharp decline toward 516, buyers stepped in aggressively, pushing price back toward the 700+ region. The volatility is high, the structure is clean, and the next move will likely be decisive.
Below is a complete breakdown of what’s happening now, what levels matter, and what traders should watch next.

🔥 1. Recent Price Action — Strong Recovery Momentum
ZEC has shown a classic V-shaped recovery:
📉 Dump from 750 → 516📈 Strong reversal back to 658📊 Volume supports the bounce🔄 Market is forming higher lows on the 4H timeframe
This kind of structure tells us one thing:

➡️ Buyers are defending dips with conviction.
But the story isn’t finished yet.
🟡 2. Key Levels to Watch
ZEC is now trading between two very important zones.
🔼 Resistance Zone (Very Strong)
700 – 720743750 (major peak)772 (macro resistance)
These levels have rejected price multiple times, and each test increases the chance of a breakout — or a deeper rejection.
🔽 Support Zone (Critical)
645 – 655 → Immediate support610 – 620 → Strong demand zone516 → Bottom of the recent crash
As long as ZEC stays above 640, bulls maintain control.
📉 3. Indicators: What Is the Market Telling Us

The indicators are sending mixed but important signals:
RSI (6): 73 → Overbought
Price may cool down in the short-term.

This is often followed by:
✔️ A small pullback
✔️ Then another bullish attemp
MACD: Bullish but Slowing
Momentum is positive but fading slightly.

This typically happens before:
A mini correction, orA consolidation phase before breakout
Either way, volatility is expected.
🎯 4. What’s the Most Likely Next Move?
Based on structure, volume, and resistance levels
➡️ Scenario 1 — Small Pullback, Then Up (Most Likely)
ZEC dips slightly to 645–655, finds support, then attempts a push toward:
700720743
Probability: 65%
➡️ Scenario 2 — Immediate Breakout
If bulls break above 700 quickly, momentum may ignite a fast move to:
🚀 743 → 750 → 772
Probability: 30%
Scenario 3 — Bearish Retest
Failure to hold 645 sends price to:
⚠️ 610 → 600
Probability: 15%
5. Final Thoughts: ZEC Is Preparing for Its Next Major Move
ZEC is showing early signs of a bullish continuation, but it’s sitting directly under major resistance. The sentiment is positive, but traders should stay cautious in this zone.
📌 Above 700 → bullish breakout zone
📌 Below 640 → correction begins
Short-term traders should focus on the reaction around 650 and 700.

Long-term holders still have strong market structure on their side.

❓ What do you think ZEC will do next: Breakout or Pullback?
Share your opinion below — the community is split right now.
If you want, I can also create:
✔️ A shorter version of this article
✔️ A more technical pro-trader version
✔️ A fundamental/long-term ZEC article
✔️ A daily ZEC update template you can reuse
Just tell me what you prefer