$ZEC is showing signs of short-term bullish recovery after bouncing strongly from the 280 – 285 demand area. Price rejected the lows and is now reclaiming the 295 – 300 zone, indicating buyers are stepping back in after the corrective phase.
ZEC has formed a higher low on the 1H timeframe following the downtrend from 330, suggesting the selling pressure is weakening. The recent structure shows gradual upside momentum with consecutive green candles and reclaim of minor resistance. As long as price holds above the 288 – 290 support zone, the bullish bias remains intact.
The current structure favors continuation toward mid-range resistance rather than revisiting the recent lows immediately.
For spot traders, this is a recovery-and-hold structure.
I am cautiously bullish on ZEC in spot and expecting further upside if support holds.
Targets:
TP1: 305
TP2: 320
TP3: 350+
ZECUSDT
Perp
299.37
-1.28%
#MarketRebound #BTCVSGOLD #DOTUSD