$ZEC is getting interesting again, and the reaction around $1,178 is the first thing that caught my attention.
One strong bounce looks good on the chart, but holding the next support is what would make me take the move more seriously.
Key levels I’m watching:
• Resistance: $1,235–$1,240, then $1,247–$1,250.
• Breakout target: $1,257.
• Immediate support: $1,220–$1,225.
• Major support zone: $1,193–$1,200.
• Lower support: $1,178–$1,180
One strong bounce looks good on the chart, but holding the next support is what would make me take the move more seriously.
Key levels I’m watching:
• Resistance: $1,235–$1,240, then $1,247–$1,250.
• Breakout target: $1,257.
• Immediate support: $1,220–$1,225.
• Major support zone: $1,193–$1,200.
• Lower support: $1,178–$1,180
