Zcash ($ZEC ) is currently experiencing a major surge, trading around **$315 to $336** after a massive **30% rally** within the last 24 hours. This explosive growth was triggered by a global "risk-on" sentiment following news of a U.S.-Iran ceasefire, which pushed ZEC to its highest levels since January.

Technically, the coin has successfully broken past the psychological **$300 resistance**, supported by a significant spike in trading volume reaching nearly **$700 million**. However, with the daily RSI sitting near **80 (overbought)**, analysts are warning of a potential "bull trap" or a healthy correction back toward the **$250–$280 support zone** if the momentum cools. Fundamental strength remains high, driven by record growth in "shielded" pool adoption and a new **$25 million ecosystem fund** backed by major VCs. If ZEC can consolidate above $330, the next major bullish target lies near **$370–$400** by the end of April.

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ZEC

331.23

+0.30%