🚀 ZEC is Heating Up!
After months of consolidation and downward pressure, Zcash ($ZEC ) is showing strong signs of a reversal. We just saw a massive +19.44% move, pushing the price to $274.24.
The Breakdown:
Bottom is In? We hit a local low of $184.57, and this current bounce looks like it has some real volume behind it ($73M+ USDT in 24h).
EMA Resistance: We’ve successfully reclaimed the 7-day EMA (250.15). The next big test is the 25-day EMA ($295.98). If we can flip that into support, things could get very interesting.
The Gap: Look at that historical high of $750 on the chart. While we are a long way off, the "value" play here is starting to attract eyes again.
Is this just a relief rally, or are we looking at a sustained trend reversal for privacy coins? 🛡️
What’s your move? HODL or Scalp? 👇
#ZEC #Zcash #Crypto #Trading #Binance #PrivacyCoins #Altseason