$ZEC The daily chart reflects a developing bullish trend for ZEC in the short term 📈. The price is currently trading around 469, holding above the 7 day moving average near 442 and the 25 day moving average around 412, which indicates strengthening buying pressure 💹. The recent higher low formed near 413 suggests improving market structure and reduced selling momentum 🔍. If price maintains support above the 440 to 450 zone, a move toward the next resistance between 500 and 530 is possible 🚀. However, the broader trend remains cautious as long term resistance from previous highs near 600 remains intact ⚠️. A drop below 440 could invite consolidation toward 413 or lower 🔄. Overall, the chart favors gradual upside continuation with controlled risk rather than an immediate downside reversal ✅.
ZEC
433.39
-3.93%