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$ZEC / USDT – 1H structure
ZEC is in a clear impulse continuation phase after a sharp reversal from the $404–406 low. That low wasn’t random, it’s where selling pressure finally dried up and price started printing higher lows immediately after. from that point, ZEC reclaimed the EMA 25 and EMA 99 almost back-to-back, which usually signals a trend flip rather than a dead-cat bounce.
$ZEC is now actually holding above $440, with the EMA 7 acting as dynamic support. Candles are closing strong, bodies are clean, and wicks are shallow on pullbacks, that tells you buyers are still in control and dips are getting absorbed quickly.
Momentum & indicators
MACD is expanding above zero with rising histogram bars... momentum is still building, not fading.
RSI 78 is elevated, but importantly it’s holding, not diverging. In strong trends, RSI can stay high for longer than people expect.
No bearish divergence yet on 1H.
Key levels
Immediate support:
$438–440 (EMA cluster + breakout retest area)
Deeper support:
$425–428 (previous consolidation + EMA 99 zone)
Resistance:
$457–460 (prior swing high rejection area)
A clean break and hold above $460 opens continuation toward the $480–500 range structurally.
Structure read This is not a choppy bounce. The move from $404 to $445 is impulsive, and price is now consolidating above reclaimed levels, not retracing into them. That’s trend behavior.
As long as
$ZEC holds above $438–440, the structure remains bullish. Losing that level would slow momentum, not immediately flip the trend, but holding it keeps continuation firmly on the table.
Strong reversal → clean EMA reclaim → controlled continuation.
Let price confirm above resistance, don’t front-run rejection.
#zcash #zec