📈 ZEC/USDT: Is Zcash Following the Trendline Setup?
ZEC/USDT is showing an interesting structure on the 1H chart. The trendlines I’ve marked suggest that ZEC may be forming a retest → bounce → pullback → continuation pattern.
At the time of the chart screenshot, ZEC is around $843.30, with the visible 24H range between approximately $805 and $888.
🔎 What my trendlines are showing
The important area is around $805–810, which has acted as a strong reaction zone on the chart. ZEC has already bounced from this region and returned toward the $840+ area.
My projected path is:
$843 → $860 area → pullback toward $815–830 → potential continuation higher
If buyers maintain control and the price continues making higher lows, the next important challenge would be the $860–888 resistance zone.
A decisive breakout above the recent high around $888 could make the bullish structure much stronger. Recent technical commentary is also watching the $888–$889 area as a confirmation level, with $1,000 viewed as a larger psychological resistance if that breakout succeeds.
🐂 Bullish scenario
If ZEC respects the rising structure and holds above the $805–810 support area, I would watch for:
$860 → $888 → $900+
A clean 1H close above the previous high would be more convincing than simply touching the level.
🐻 Bearish scenario
The setup becomes weaker if ZEC loses the $805–810 zone and starts closing below it.
That would invalidate the particular bullish projection drawn on my chart and could lead to a deeper correction.
⚠️ Important
Trendlines are probability tools, not guarantees. The white path on my chart is my personal technical projection, not a guaranteed price prediction. ZEC can break the structure at any time, especially around major resistance.
My key levels:
🟢 Support: $805–810
🟡 Short-term resistance: $860
🔴 Major resistance: $888–900
🎯 Bullish breakout area: Above $888 with confirmation
What do you think — will ZEC follow this trendline and make another move toward $888+? 👀
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