$ZEC Technical Update
Current Status: Healthy Consolidation 🛡️
Price is moving sideways above the rising 99 MA, digesting recent gains without losing trend structure.
The Setup
Support: Holding firmly above the 99 MA; trend remains intact.
Momentum: "Digestion" phase after a strong impulse move.
Trigger: Watch for a breakout above the current range to reignite bullish momentum.
Key Trade Levels
TP1 (Target 1): 515
TP2 (Target 2): 530
TP3 (Target 3): 550
SL (Stop Loss): 485
Summary
The bias remains bullish as long as the 99 MA provides a floor. A clean breakout targets the mid-$500s, while a drop below 485 invalidates the short-term setup.
