$ZEC /USDT Technical Analysis: Bulls Eyeing Resistance

ZEC
ZECUSDT
411.42
-0.49%

​The 4-hour chart for $ZEC /USDT shows a significant recovery phase following a recent local bottom near $360.70. The price is currently trading at $412.94, marking a +3.48% increase.

​Key Technical Insights:

​Trend Recovery: After a sharp dip, ZEC is forming a series of higher lows. It has successfully reclaimed the MA(7) at $402.23 and the MA(25) at $393.97, suggesting a short-term bullish shift.

​​Market Sentiment:

​With a 65.98% gain over 90 days and a massive 828% over 180 days, the long-term trend remains exceptionally strong despite recent volatility. The market is currently in a "wait-and-see" mode to see if it can flip the $418 level into support.

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