$ZEC is showing a strong bullish structure after a major breakout from its previous accumulation phase....
Following an impressive rally toward $1,700, price entered a healthy pullback and is now consolidating around $1,249 while holding above the key $1,050–$1,100 support zone.
This area represents an important demand zone where buyers could step in for another upward move.
If support holds and bullish momentum returns, ZEC could target $1,400 first, followed by a retest of $1,650–$1,700. The $890 level remains an important deeper support if the current structure fails.
Overall, ZEC remains bullish as long as buyers defend the marked support zone.
Following an impressive rally toward $1,700, price entered a healthy pullback and is now consolidating around $1,249 while holding above the key $1,050–$1,100 support zone.
This area represents an important demand zone where buyers could step in for another upward move.
If support holds and bullish momentum returns, ZEC could target $1,400 first, followed by a retest of $1,650–$1,700. The $890 level remains an important deeper support if the current structure fails.
Overall, ZEC remains bullish as long as buyers defend the marked support zone.
