The U.S. SEC has officially closed its investigation into the Zcash Foundation with no enforcement action, removing a major regulatory overhang.
📈 Market Reaction:
ZEC responded strongly, breaking above the $420 resistance and confirming a bullish market structure.
🔍 Technical View (1H):
Clean breakout above $420
Former resistance flipped into support
Higher lows = sustained buying pressure
Price holding near $438
🎯 Key Levels:
Support: $420–$425
Bias: Bullish while price holds above $420
Bullish!!#BinanceSquare #altcoins #ZECUSDT #MarketRebound #BreakoutAlert $ZEC
ZECUSDT
Perp
389.68
-3.15%
DASHUSDT
Perp
83.19
+10.11%
BTCUSDT
Perp
95,466.5
+0.34%