#Tradewith $ZEC
$ZEC – Buyers Defending Key Support; Neutral-Bullish Bias
Long $ZEC (Bias)
Entry: ~$430–$450 (key demand area)
Stop Loss: ~$400
Take Profit Zones: $485 – $520 – $550+
Zcash has been testing a significant horizontal support zone, with recent pullbacks showing weakening bounces but still holding above this demand region, suggesting buyers are stepping in near key levels.
Price has recently traded below short-term moving averages on intraday charts but remains within a broader trading channel that keeps the overall structure intact. Momentum indicators show mixed signals — short-term strength cooling while neutral to bullish longer-term bias persists.
The corrective drift appears more like consolidation than distribution, as multiple tests of support haven’t yet cracked the zone decisively. As long as price holds above the stop area, the trajectory toward higher liquidity zones (around $485–$520+) stays favored.
Structure: still oscillating between higher lows and range upper boundaries on mid-term timeframes.
Bias: Neutral–Bullish while above key support.
Invalidation: Break below $400 suggests deeper correction pressure.
