ZEC is recovering… but is this the beginning of another move? 👀
Here’s what caught my attention.
After dropping to $1,236, $ZEC $bounced back towards $1,290. Buyers are showing some strength, but sellers haven’t given up yet.
I’m watching three things:
🔹 $1,290 — Can buyers break this resistance?
🔹 $1,320–$1,335 — The next zone to watch if momentum builds.
🔹 $1,260–$1,250 — Support that needs to hold.
One interesting detail: Futures positioning is almost evenly split between longs and shorts. There’s no clear winner yet.
My take: I’m not calling a breakout just because price is recovering. I want to see a strong hourly close above $1,290, backed by volume.
Sometimes the best move is waiting for confirmation rather than chasing excitement.
What are you watching — a breakout or another rejection? 👇
#ZEC #Zcash #CryptoAnalysis
Here’s what caught my attention.
After dropping to $1,236, $ZEC $bounced back towards $1,290. Buyers are showing some strength, but sellers haven’t given up yet.
I’m watching three things:
🔹 $1,290 — Can buyers break this resistance?
🔹 $1,320–$1,335 — The next zone to watch if momentum builds.
🔹 $1,260–$1,250 — Support that needs to hold.
One interesting detail: Futures positioning is almost evenly split between longs and shorts. There’s no clear winner yet.
My take: I’m not calling a breakout just because price is recovering. I want to see a strong hourly close above $1,290, backed by volume.
Sometimes the best move is waiting for confirmation rather than chasing excitement.
What are you watching — a breakout or another rejection? 👇
#ZEC #Zcash #CryptoAnalysis
