The $ZEC chart is laying out a pristine textbook setup on the 1-hour timeframe, indicating a highly bullish continuation structure after a solid market expansion. The asset recently surged to a 24-hour high of 554.92 and has entered a healthy, constructive pullback to test key liquidity zones. This correction aligns perfectly with a long position setup, where the current price of 526.83 is testing immediate support. With a massive 116.02M in trading volume backing the overall upward structure, this localized dip offers a premium risk-to-reward ratio for buyers anticipating a massive bullish reversal off the support level toward new local highs.
Target 1: $545.00
Target 2: $558.00
Target 3: $575.00