ZEC is now trading at $1,155.89 (+5.47%) bouncing back strongly from its recent local low of $1,041.70.
Key Technical Levels to Watch:
🎯 Major Resistance: $1,196 - $1,225 (24h High) & $1,296 (Local Top) 🛡️ Immediate Help $ 1,148 (MA 25)
🛡️ Critical Support: $1,041 (Weekly Swing Low)
Moving average breakdown:
MA(7): $1,170.58 – Immediate short term resistance.
MA(25): $1,148.88 – Price structure still intact.
MA(99): $1,131.02 - Good long-term baseline support.
Market outlook:
A breakdown below $1,148 might push the price back toward $1,084. 💬 What's your take? Will ZEC break out above $1,300 or drop to test lower supports?