$ZEC weekly resistance is 738.. A break above 643 opens 700.
the order book is overwhelmingly bullish.
Buy orders represent 63.33 percent versus 36.66 percent sell orders.
Bids are stacked in massive size at every handle.
At 600, there are 954 ZEC resting.
At 608, 363 ZEC. At 607, 475 ZEC. At 602, 503 ZEC. At 603, 454 ZEC.
The cumulative bid depth from 600 down to 586 is in the thousands of ZEC.
This is institutional-scale demand. Asks above are visible but thinner. The book is structured for continuation.
Volume is 198 million USDT on 333,000 ZEC traded. Strong for a privacy coin. Participation is surging.
Support sits at 600 and 580.
Resistance is 643,on orde book
the 24-hour high, and 650.
A break above 643 opens 700.
. ZEC was flagged at 340. It was called a breakout at 420. It was
highlighted again at 569. Now at 605, the bid book is the strongest it
has been throughout the entire move. The privacy coin rotation that
started with ZEN and DASH has centered on ZEC as the leader. The
macro wind from a risk-on market is providing the tailwind. The trend is intact.
For traders already in, trail stops to 570. Take partial profits at 643.
#zec #ZECUSDT